Over the last two weeks, life for the Portuguese has become more expensive due to the conflict in the Middle East. Fuel, distribution, and the food basket are facing a price hike. In the markets, consumers are doing the math and buying only the essentials.
"These price increases are absurd, especially for those of us who earn very little": conflict in Iran tightens the budget of Portuguese families
Saturday, 14 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.
