The effects of inflation on Portuguese consumers does not look set to ease in the early months of 2023, despite government forecasts that it will fall back to 5.8% in 2023. What had seemed [...]

The interest on Portuguese sovereign debt that the country has to pay back to investors who bought government treasury bonds went up seven times during the course of 2022 says Negócios. The [...]

The owner of the Colombo Shopping Centre in Lisbon has issued anti-inflation cheques of €500 to 710 staff. According to Eco Online news Sierra, which owns both Colombo and NorteShopping, has [...]

The price of agricultural produce in Portugal will continue to rise even if inflation stops according to the Confederation of Portuguese Farmers (CAP). The confederation’s president Eduardo [...]

Rising prices over the next few months could put a spanner in the works for the Portuguese government’s forecast of 7.4% for 2022. The National Statistics Institute (INE) has issued a [...]

The shipyards at Viana do Castelo in the north of Portugal have won a contract from Norway to build a zero carbon emissions cruise ship. The shipyards, which are operated by West Sea – a [...]

Portugal’s Council of Public Finances (CFP) is optimistic that the country’s economy will grow 6.7% this year and fall back to 1.2% next year. However, the CFP also foresees that inflation will [...]

The cost of the average shopping basket of basic foodstuffs has risen by €26 over the past six months. Since the war in Ukraine began in February, the price of an average family shopping basket [...]

Inflation in Portugal exceeded the EU average in July to hit 9.4% from 8.9% in June. This is according to the EU’s statistics department Eurostat which released the inflation figures for the [...]

Portugal’s inflation rate hit 9.1% in July according to the country’s National Statistics Institute. (INE) It was the greatest like-for-like price variation since November 1992. However, the [...]