What are the latest news in Portugal? August 31st, 2026
Economy and Finance
- Inflation Rate: Portugal’s annual inflation rate accelerated to 3.3% in August, up from 3.0% in July, driven primarily by rising energy and fuel costs, according to provisional estimates from the National Institute of Statistics (INE). The Portugal News———
- Labor Market: The national unemployment rate held steady at 5.7% in July, down 0.1 percentage points compared to the same period in the previous year. -The Portugal News——–
- Credit Rating: Standard & Poor’s affirmed Portugal’s long-term sovereign debt rating at ‘A+’ with a stable outlook, citing fiscal discipline and steady economic performance.- www.theportugalnews.com———
- Stock Market: Lisbon’s PSI benchmark index closed slightly higher (+0.07%), supported by gains in energy and telecom shares such as Galp Energia and NOS. -Investing.com——–
- Property Tax Deadline: Today, August 31, marks the deadline for property owners to settle second-installment municipal property tax (IMI) payments exceeding €500.- The Portugal News———
- Lisbon Airport Incident: Emergency medical teams assisted in the successful delivery of a baby born directly at Lisbon Airport over the weekend before the mother could be transported to the maternity ward. -www.theportugalnews.com——–
- Canoeing: Portuguese sprint canoeist Fernando Pimenta secured two gold medals at the Canoe Sprint World Championships.- www.theportugalnews.com———