Ireland, Oman and Portugal inflation accelerate in August 2026

  • Ireland, Oman and Portugal reported higher annual inflation in August 2026.
  • Portugal’s EU-harmonized inflation rose to 3.6%, its highest since May 2024.
  • Monthly consumer prices rose 0.7% in Ireland and fell 0.3% in Oman.

Annual inflation accelerated in Ireland, Oman and Portugal in August 2026. Ireland’s rate rose to 3.7% from 3.4%, while Oman’s increased to 3.4% from 3.2%, led in both cases by faster transport-related price growth. Portugal’s inflation rate climbed to 3.3% from 3.0%, its highest since April, as transport inflation accelerated to 6.4% amid higher fuel costs linked to escalating Middle East tensions. Portugal’s EU-harmonized inflation rate rose to 3.6%, its highest since May 2024 and above the European Central Bank’s 2% inflation target, while core inflation held at 2.6%. Monthly consumer prices rose 0.7% in Ireland and declined 0.3% in Oman.

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