Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.
The Certificados do Tesouro Série 5 raised about €297.7 million from 8,300 subscribers in July, their debut month. The ten-year product pays a fixed step-up rate rising from 2.35% to 3.35%, with early redemption allowed after year one, and is managed by the IGCP.
The state-owned Banco Português de Fomento has opened Impulsar, a €1.5 billion guarantee-backed credit line for companies — from short-term treasury to €25 million strategic-investment loans, with guarantees up to 80% for new businesses. Firms apply through their commercial banks.
DECO PROTeste's basket of 63 grocery staples reached €253.60 this week, up 5.38% on the year. Cod is up 25% and sea bass 21%; since 2022, beef for stewing has climbed 120% and eggs 78%. Food inflation is still running well ahead of the headline rate.
📋 In This Edition * Market Wrap: Lisbon Edges Higher in a Becalmed August Session * Movers: Heavyweights Nudge the Index Up as Jerónimo Martins Drags * Business & Tech Focus: Bank Profits Dip, Neuraspace Raises
Portugal's jobless rate fell to 5.3% in the second quarter of 2026, its lowest since 2011, as the number of people in work climbed to a 15-year high of 5.4 million, INE data show.
Direct payments normally paid in October will arrive in September, front-loading about €138 million for 134,000 farmers in disadvantaged zones plus roughly €40 million in livestock support.
Rents rose 0.9% year on year in July, ending six months of decline, per idealista. The Algarve overtook Greater Lisbon as the dearest region at €22.5/m²; Lisbon stayed the priciest city at €23.5/m², while the North kept falling.
