Low-income families (40%) struggle with inflation and high prices
Portugal’s poorest households earn around âŹ1,250 per month gross, according to a Bank of Portugal study The Bank of Portugal has warned that higher interest rates and inflation are pushing
Banks urge struggling clients to negotiate now
Banks are reaching out to individual customers as recession fears loom Portugalâs banks are urging clients who may already be in difficulties or anticipate cashflow or loan repayment problem in
Inflation in Portugal exceeds double digits
Inflation in Portugal has now exceeded double digits. According to the latest figures released today by INE (national statistics institute), inflation in October reached 10.2%. This is almost a full
September inflation runs at 9.3%
The year-on-year change in the Consumer Price Index (CPI) in September was 9.3%, up 0.4 of a percentage point on the previous month and the highest rate since October 1992,
Consumer inflation at 9.3% in September, highest since October 1992
The year-on-year rate of change of Portugal’s Consumer Price Index (CPI) is estimated to have risen to 9.3% in September – its highest rate since October 1992 – from 8.9%
Portugalâs growth in 2023 expected to take ‘much larger tumble’
Council of Public Finances forecasts 1.2% âand even that could be optimisticâ After 2022 in which Portugal âbaskedâ in the highest rate of growth in Europe, 2023 is almost certain
Inflation falls even more over August
INE statistics institute has revised its inflation forecast for August even further – from the previously estimated 9% to 8.9%. Both percentages coming in BELOW the level of inflation for
Inflation in Portugal âdeceleratesâ for first time in almost a year
A ârapid estimateâ of inflation in Portugal during August suggests it is decelerating âfor the first time in almost a yearâ, writes Expresso, citing INE statistics institute. INEâs forecast for
Inflation in Portugal hits 9.4%
Inflation in Portugal exceeded the EU average in July to hit 9.4% from 8.9% in June. This is according to the EUâs statistics department Eurostat which released the inflation figures
Thousands take part in national demo in Lisbon despite scorching heat
Demands for âlimits on price increasesâ; âmeasures to end price speculationâ The leader of Portugal’s largest trade union federation, the CGTP, demanded “measures that put an end to price speculation”