Oil has been hovering around 90 dollars, a level that threatens to accelerate global inflation and stall growth.
Global economy plunges into uncertainty with Middle East conflict
Thursday, 12 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.
