Portugal among EU countries with lowest purchasing power and highest rise in housing

Monday, 23 February 2026RSS
Portugal among EU countries with lowest purchasing power and highest rise in housing

In 2023, Portugal ranks among the EU countries with the lowest purchasing power, with its average annual income allowing for the purchase of only 11 baskets of essential goods, significantly less than the 24 baskets that can be afforded by an average Luxembourger. This disparity highlights the economic challenges faced by Portuguese residents, particularly in the context of rising housing costs.

View full article on CNN Portugal

RSS source