The executive director of CM says that the Bank of Portugal's forecasts point to a decrease in GDP and an increase in inflation. He adds that the longer the war lasts, the worse this scenario becomes.
“Conditions for peace have not been created”: Paulo João Santos on the 15-point plan proposed by the USA
Wednesday, 25 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.
