Portugal has learned from the lessons of the 2022 crisis, but the real test will be the ISP

Tuesday, 21 April 2026RSS
Portugal has learned from the lessons of the 2022 crisis, but the real test will be the ISP

First it was Christine Lagarde, then Ursula von der Leyen, and finally Kristalina Georgieva. Three leaders, but the same warning: lessons were learned from the 2022 energy and inflation crisis, and it is now necessary not to repeat mistakes in the face of the energy price escalation being witnessed due to the war in Iran, which has already...

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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