Brazil Joins Canada, US, UK, Mexico, Norway, Switzerland, Turkey, Russia and Other Countries in Facing Higher Travel Costs in Europe as Spain, Germany, Italy, Portugal, Austria and More Set to Impose a Temporary Tax to Bounce Back from US Energy Cris
Friday, 24 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.
