Portugal’s retail sales growth accelerated to 6.4% year-on-year in November 2025, up from a revised 4.3% in October, marking the strongest pace since April 2022.
The rise was broad-based, led by food, beverages, and tobacco (4.9% vs 4.2% in October) and non-food items (9.4% vs 5.2%), including computers, telecom equipment, books, and other products (10.3% vs 8.5%), pharmaceuticals and hygiene products (9.9% vs 9.6%), textiles, clothing, footwear, and leather goods (14.7% vs 0.4%), household goods (2.6% vs 2.1%), and online sales (2.5% vs 0.3%).
Fuel sales, however, fell 1.4% after a 0.6% gain in October.
On a monthly basis, retail sales jumped 2.3% in November, the largest increase since May.