The effects of the crisis in the Middle East have already started to be felt in fuel prices, but from there on, everything will be impacted, explains CNN Portugal executive editor Vítor Costa.
There will be an increase in the inflation rate and, if that growth is very significant, the ECB will raise interest rates
Friday, 13 March 2026RSS
Context & Explainers
Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.
