Based on the information available until the date of this press release, the Consumer Price Index (CPI) annual rate is estimated to be 3.2% in June 2026 (3.3% in May). The core inflation index, which excludes energy and unprocessed food products components was 2.5% (2.2% in the previous month). The annual rate of change of the index for energy products decreased to 9.1% (13.1% in May), reflecting the reduction in fuel prices, and the estimated index for unprocessed food presented a rate of change of 5.2% (5.7% in the previous month).
The CPI monthly rate is estimated to be 0.1% (0.2% in May and 0.1% in June 2025), while the CPI 12-month average rate was estimated to be 2.6% (2.5% in the previous month).
The estimate of the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 3.1% (the same value as in the previous month).
The June CPI final results will be released on July 10th, 2026.
