Cost of Living
More expensive fuel causes inflation to accelerate to 3.8% in October
Portugal's inflation rate rose to 3.8% in October, up from 3.6% in September, driven primarily by a 17.4% year-on-year increase in energy product prices. This figure, released by the National Statistics Institute (INE), matches the highest levels recorded over the past three years.
Why it matters
If you are managing a household budget in Portugal, the accelerated inflation rate confirms that costs for energy and fuel remain the primary drivers of rising consumer prices.Diário de NotíciasRead original ↗
