Inflation at 3.8%: what explains this new rise?
Inflation in Portugal rose to 3.8% in September, according to a flash estimate from Eurostat released on Friday, October 2, 2026.
Inflation in Portugal rose to 3.8% in September, according to a flash estimate from Eurostat released on Friday, October 2, 2026.
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Read today’s briefingEconomic indicators released this Friday in the Eurozone and the US have shifted market expectations regarding future interest rate decisions by both the European Central Bank (ECB) and the Federal Reserve.
In response to geopolitical pressures, the G7 will release 100 million barrels of diesel and crude oil through the International Energy Agency (IEA) to stabilize global energy markets.

In August, diesel prices increased by 6.4% and simple 95 gasoline by 1.2%, while total road fuel consumption dropped by 10.3% compared to July. Despite the monthly consumption dip, year-on-year data shows a 2% increase in road fuel consumption and significant annual price hikes of 30.2% for diesel and 15.8% for gasoline. Estimates from the ACP and Anarec suggest fuel prices will decrease by approximately three cents per litre starting next week.