Prime Minister Luís Montenegro said this Thursday that the Government is aware that the inflation rate has risen and that the cost of living is increasing, which is concerning, but not yet a cause for alarm. On the sidelines of a visit to the 42nd Ovibeja, an agricultural fair taking place in Beja where...
Inflation and cost of living rise, but no cause for alarm for the Government yet
Thursday, 30 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.
