"It is already noticeable": Rising food prices hit consumers' pockets

Saturday, 21 March 2026RSS
"It is already noticeable": Rising food prices hit consumers' pockets

At the Matosinhos market, fruit, fish, and vegetables are beginning to reflect the widespread rise in prices.

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.

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