The Ministry of Environment and Energy confirmed that Portugal has fully released its strategic oil reserves as part of a commitment established on 11 March, with the process now completely finished.
This update is from Bica
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Portugal's inflation rate rose to 3.8% in October, up from 3.6% in September, driven primarily by a 17.4% year-on-year increase in energy product prices. This figure, released by the National Statistics Institute (INE), matches the highest levels recorded over the past three years.
The number of eviction requests due to unpaid rent has risen by over 20% so far in 2026. Data shows that approximately 7,400 such requests have been filed over the last five years, representing about 0.5% of the 1.4 million active rental contracts in Portugal.
Eurostat'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.