Chocolate inflation in Portugal reached 13.7% in February, six times higher than the general price index, despite a sharp 64% year-on-year drop in the international price of cocoa.
The international price of cocoa is falling but Easter chocolates are more expensive: what is the explanation?
Sunday, 5 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.
