Minister of Economy Manuel Castro Almeida has acknowledged that inflation is rising rather than falling, causing significant difficulties for Portuguese households. The government plans to implement targeted support measures for specific sectors, such as professional transporters and agriculture, rather than providing generalized relief. These measures aim to address the impact of increasing fuel prices on the national economy.
Economy Minister warns of rising inflation and fuel costs
Wednesday, 16 September 2026AI summary
Context & Explainers
Manuel Castro Almeida is Portugal's Minister of Economy and Social Cohesion, a role cited in the article. On 17 February in Sobral de Monte Agraço he said over 4,000 companies had requested storm support totaling nearly €1 billion, figures tied to recent severe weather damage.
