Portugal's consumer price inflation eased as initially estimated in January to the lowest level in nearly a year, the latest data from Statistics Portugal showed on Wednesday.
The consumer price index rose 1.9 percent annually in January, slower than the 2.2 percent increase in the previous month. That was in line with the flash data published earlier.
Moreover, a similar inflation rate was last seen in March 2025.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.