Inflation

Inflation is providing a positive benefit for the government in terms of taxes and extraordinary contributions for State coffers. According to the Bank of Portugal, the Government should rake in [...]

Despite a slowdown in inflation on the prices of goods and services in Portugal, food prices continue to be high at 23% above the average price levels of 2021. According to Portugal’s national [...]

Measures introduced by the European Central Bank to curb inflation and reduce money supply in the Euro Zone could hamper Portugal’s economy, leading it to lose around 8% by 2025. This is [...]

A law introduced by the Portuguese Government to eliminate VAT on a typical shopping basket of essential goods comes into force tomorrow. (Tuesday, April 18) The law, confirmed in the Portuguese [...]

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 [...]