Portugal's industrial producer prices slipped by 3% year-on-year in June 2025, in line with May’s revised drop and extending the deflation streak to six months. Downward pressure came primarily from the costs of energy (-5.5% vs -7.2% in May); consumer goods (-3.1% vs -3.3% in May), of which non-durable (-3.7% vs -4%), and intermediate goods (-3.4% vs -2.4%). Conversely, prices increased for durable consumer goods (2.8% vs 3.1%) and capital goods (1.2% vs 0.9%). Excluding energy, industrial production prices declined 2.5%, after falling 2.2% in May. On a monthly basis, producer prices rose by 0.9% in June, after a 0.1% decrease in the prior month.