The National Statistics Institute (INE) reported that the average gross monthly remuneration rose to 1,696 euros in the third quarter of 2026, a nominal increase of 4.9% compared to the same period in 2025. Accounting for inflation, this represents a real-term growth of 1.5%.
This update is from Bica
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Read today’s briefingEurostat's preliminary estimate for the third quarter of 2026 shows a 1.3% year-on-year GDP growth for the Eurozone and 1.5% for the European Union. Portugal recorded a 2.4% year-on-year growth, outperforming the Eurozone and EU averages.
The average monthly installment for primary home mortgages reached 450 euros in September, the highest value since the data series began in 2018. This represents a 9% year-on-year increase, according to the Bank of Portugal.
Between July and September 2026, the average house price in Portugal reached 3,416 euros per square metre, an increase of 13.1% year-on-year, while the number of homes sold fell by 12.5% compared to the same period in 2025. In Lisbon, average prices hit 5,963 euros/m², and in Porto, they rose 14.7% to 4,382 euros/m².