Pedro Silva, an energy expert at Deco Proteste, explains why the conflict in the Middle East led to the rise in oil prices and what the impacts of this increase are.
Reduction of ISP may "mitigate the price increase for the consumer but not cancel it out"
Friday, 13 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.
