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INE

Portuguese Hotels Book 13.6 Million Overnight Stays in Q1 2026 — Total Revenue Tops €1 Billion (+5.5%), Non-Residents Account for 68% of the Total and Madeira Leans on Foreign Markets for 85.9% of Its Stays

Portuguese Hotels Book 13.6 Million Overnight Stays in Q1 2026 — Total Revenue Tops €1 Billion (+5.5%), Non-Residents Account for 68% of the Total and Madeira Leans on Foreign Markets for 85.9% of Its Stays

INE's Q1 2026 tourism destaque puts hotel guests at 5.8 million (+1.5%) and overnight stays at 13.6 million (+1.3%). Total accommodation revenue tops €1 billion (+5.5%), rooms alone €734.5 million (+5.1%). Non-residents carry 68% of stays; Madeira leans on foreign demand for 85.9%.
The Portugal Brief
INE Registers Q1 2026 Average Gross Monthly Earnings at €1,611 — Real Wages Outpace Inflation by 2.7%, Agriculture Tops the Sector Table at 10.0% and High-Technology Manufacturing Lands the Second Print at 7.2%

INE Registers Q1 2026 Average Gross Monthly Earnings at €1,611 — Real Wages Outpace Inflation by 2.7%, Agriculture Tops the Sector Table at 10.0% and High-Technology Manufacturing Lands the Second Print at 7.2%

INE's Q1 2026 earnings destaque puts gross monthly average at €1,611, a 5.0% nominal lift and a 2.7% real-terms gain after the CPI deflator. Agriculture leads the sector table at 10.0%, high-tech manufacturing at 7.2%, and firms with 10–19 employees post the steepest 6.0%.
The Portugal Brief
INE's Q1 2026 Quarterly LFS Bumps Unemployment to 6.1% After 38,700 Net Job Losses in Three Months — Subutilização Tips to 10.2%, Youth Joblessness Eases to 19.1%, Long-Term Unemployed Reach 35.6% as the Trabalho XXI Debate Opens at São Bento

INE's Q1 2026 Quarterly LFS Bumps Unemployment to 6.1% After 38,700 Net Job Losses in Three Months — Subutilização Tips to 10.2%, Youth Joblessness Eases to 19.1%, Long-Term Unemployed Reach 35.6% as the Trabalho XXI Debate Opens at São Bento

INE's Q1 2026 quarterly LFS lifts unemployment to 6.1% — up 0.3pp on Q4 and the first interruption in a year-long descent. Economy shed 38,700 net jobs in three months, subutilização tipped to 10.2%, 588,000 inside the underutilisation perimeter, youth jobless down to 19.1%, long-term at 35.6%.
The Portugal Brief
INE Confirms April Inflation at 3.3% Year-on-Year on Wednesday 13 May — Energy Climbs to 11.7% on Brent-and-Hormuz Pass-Through, Unprocessed Food at 7.4%, Core Print Lifts to 2.2% as the Headline Sits 0.3 Points Above the Eurozone Average

INE Confirms April Inflation at 3.3% Year-on-Year on Wednesday 13 May — Energy Climbs to 11.7% on Brent-and-Hormuz Pass-Through, Unprocessed Food at 7.4%, Core Print Lifts to 2.2% as the Headline Sits 0.3 Points Above the Eurozone Average

INE confirmed April inflation at 3.3% YoY on Wednesday — revised down 0.1 point from the flash estimate but still 0.6 points above March. Energy climbed to 11.7%, unprocessed food to 7.4%, and core inflation lifted to 2.2%. Portugal's headline now sits 0.3 points above the eurozone.
The Portugal Brief
Portuguese Food and Beverage Exports Climb 2.03% to €1.964 Billion in Q1 2026 Despite a 17.4% Collapse Into the United States — Bulgaria, Ireland and the Netherlands Carry the EU Tape, São Tomé and Cabo Verde Lead the CPLP Print

Portuguese Food and Beverage Exports Climb 2.03% to €1.964 Billion in Q1 2026 Despite a 17.4% Collapse Into the United States — Bulgaria, Ireland and the Netherlands Carry the EU Tape, São Tomé and Cabo Verde Lead the CPLP Print

FIPA reads Portuguese food and beverage exports at €1.964 billion in Q1 2026 (+2.03% YoY) — EU sales rose to €1.350 billion (Bulgaria +35.1%, Ireland +27.6%) while exports to the US fell 17.4% on the Trump tariff regime, Morocco fell 21% and Angola fell 4.9%.
The Portugal Brief
INE Reads New-Housing Construction Costs Up 5.8% in March 2026 — Labour Component Climbs 8.2% Against a 3.7% Materials Print, the Wedge Widens 1.0 Percentage Points From February and the Index Now Sits 30%-Plus Above the 2021 Base

INE Reads New-Housing Construction Costs Up 5.8% in March 2026 — Labour Component Climbs 8.2% Against a 3.7% Materials Print, the Wedge Widens 1.0 Percentage Points From February and the Index Now Sits 30%-Plus Above the 2021 Base

INE reads the Construction Cost Index for new housing at +5.8% year-on-year in March 2026 — labour climbs 8.2%, materials 3.7%, and the headline wedge widens 1.0pp from February. The labour-cost trajectory is the structural read inside Portugal's housing-affordability calculus.
The Portugal Brief