Retail sales in Portugal increased 4.6% year-on-year in January 2026, following a downwardly revised 2.8% rise in December. Sales rose at a faster pace for food, beverages and tobacco (5.1% vs 3.6%) and non-food (4.9% vs 4.3%), led by fuels (0.4% vs -3%), household goods (7.1% vs 4.4%) and textiles, clothing and footwear (9.1% vs 5.1%). Meanwhile, sales slowed for computers, telecommunications equipment, books, and other products in specialized stores (1.1% vs 5.4%) and pharmaceutical products (7.8% vs 10.1%). Sales by mail, Internet, and other means retreated 0.3%, after a 10.2% jump in December. Compared to the previous month, retail sales rose 2%, following a 3.1% fall in December.