Recovery from the damage caused by the war could take several years, the president of the European Central Bank pointed out.
Lagarde warns of excessive optimism regarding market reactions to the war and speaks of a "real shock"
Thursday, 26 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.









