Economist Ricardo Ferraz analyses the financial impact of the new closure of the Strait of Hormuz by Iran
Peace is in the interest of us all, because for about a month we have been getting poorer
Sunday, 19 April 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.
