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Portugal Inflation Rate MoM fell to 1.4 in April 2026, down 0.6 from March's 2.0 reading. The print came in hotter than the 1.2 consensus, a hotter print than forecasters anticipated. The print is running well above the 12-month average of 0.2. Over the past 3 months, Inflation Rate MoM averaged 0.47, vs -0.08 in the prior 3-month window. The reading is in the 91st percentile of the trailing 24-month range.
The April 2026 reading fell from the previous value of 2. Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500).
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| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | Inflation Rate MoM | 1.3 | 2 | 1.4 | 1.35 | Low | |
| 10:00 | CPI MoM | 1.3 | 2 | 1.4 | 1.35 | Low | |
| 10:00 | CPI YoY | 3.3 | 2.7 | 3.4 | 3.35 | Low | |
| 10:00 | Inflation Rate YoY | 3.3 | 2.7 | 3.4 | 3.35 | Low | |