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Economy

INE's Q1 2026 Flash Estimate Stops Quarterly Growth at Zero as April Inflation Jumps to 3.4% — Storm Cluster and Iran Conflict Knock 0.2pp Off GDP, Energy Prices Drive Headline CPI Up 0.7pp in a Month

Statistics Portugal's flash estimates for Q1 GDP and April CPI, published Thursday, point to a stalling economy and reaccelerating prices. Quarterly growth is zero, year-on-year growth holds at 2.3%, and headline inflation lifts to 3.4% on the back of an 11.7% energy contribution.

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Living in the Algarve

Where to live in the Algarve, official INE rents and prices by town, healthcare, trains, buses, the toll free A22, water limits, and the seasons.