Portuguese Inflation Accelerates to 2.7% in March — Fuel Prices Explain Almost the Entire Jump and Push the Headline to an Eight-Month High
Portugal's March 2026 inflation hit 2.7% — highest in eight months — with INE attributing the jump 'almost entirely' to a 5.8% swing in energy prices. Core inflation edged up to 2.0%, unprocessed food cooled slightly to 6.4%. Budget 2026 assumed 2.1% for the year; IMF now sees 3.1%.