This increase occurs in a context of strong geopolitical tension in the Middle East, with oil prices pressured by the closure of the Strait of Hormuz.
Prepare your wallet: fuel prices will continue to rise this Monday
Sunday, 15 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.
