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Fuel prices drove inflation up in AugustPhoto by Wallace Chuck on Pexels
Business
Экономика

Fuel prices drove inflation up in August

Observador2 September 2026 at 10:14

Inflation in Portugal accelerated to 3.3% in August, year-on-year, according to data from the National Statistics Institute. This value represents an increase compared to previous months.

The acceleration of inflation is almost entirely explained by the increase in fuel prices. This factor was decisive for the behavior of the inflation rate in the period under analysis.

INE, as the body responsible for producing official statistics in Portugal, confirmed this data on consumer price developments. The impact of fuels on the consumer price index was significant during this month.

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