Inflation

Building houses in Portugal is getting increasingly expensive with costs up 3.8% YoY and 3.2% on February. Portugal’s National Statistics Institute (INE) estimates that the costs of building new [...]

Between January 2011 and December 2023 house prices in Greater Lisbon and the Metropolitan Area of Porto doubled. In this period house prices continued to skyrocket, except during a brief [...]

The costs of new build construction in Portugal went up 1.9% overall in January like-for-like on 2022. This percentage represents an increase of 1.2% on December 2023 while the price of building [...]

The paper maker Altri has announced an increase in he price of paper paste starting in March. The decision was made after the Brazilian paper company Suzano announced an US$ 80 per tonne on sales [...]

Altice Portugal’s Meo, NOS and Vodafone are to increase their prices for consumers from February 1, 2024, according to news source ECO. The telecommunication operators say they are increasing [...]

Portugal saw the highest increase in agricultural produce prices in the EU in the second quarter of 2023 with prices up 22% compared to an average 2% price hike in the rest of the EU. This is [...]

An average shopping basket of essential goods that the government has exempted from VAT has shot up to €130 in just one week according to price watchdog Deco. According to Deco, a consumer [...]

The European Central Bank has hiked interest rates again for the 10th time running, this time by 0.25%. The institution led by Christine Lagarde has done so to fight against stubbornly high [...]

The average price of a litre of wine sold in Portugal in he first half of the year increased both in restaurants and retail outlets in the first half of 2023 by a total average of 7%. The reason [...]

The Governor of the Bank of Portugal Mário Centeno believes that inflation should fall to below 3% by the end of the year. Centeno gave his opinion to Bloomberg after taking part in an economics [...]