In an analysis on CNN Portugal, financial markets expert Filipe Garcia assesses the effects of the crisis in the Middle East. Although he considers it “too early” to feel the real impact on consumption, the analyst warns that the escalation in energy prices will inevitably end up being reflected in the final prices of goods and services.
"It will end up happening": Filipe Garcia anticipates the contagion of rising fuel prices to other goods
Monday, 16 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.
