Cost of Living

New week brings a rise in diesel prices and relief for gasoline

From Monday 2 November, the price of diesel is expected to increase by 2.5 cents per liter, while gasoline is expected to decrease by 2.5 cents. Based on current DGEG data from 30 October, these changes would bring diesel to approximately 2.215 euros per liter and gasoline to 2.008 euros per liter.

Why it matters

If you drive, you will face an increase in refueling costs for diesel from 2 November, while gasoline prices will be slightly lower.

Diário de Notícias· 2h agoRead original ↗

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Cost of Living

Majority of analysts predict a 25 basis point hike in key interest rates in December

A survey of analysts conducted by the European Central Bank suggests an expected 25 basis point increase in the deposit rate to 2.75% during the December meeting. Experts anticipate these rates will remain stable until the fourth quarter of 2027, with potential reductions beginning in early 2028.

Diário de Notícias· 12m agoRead original ↗

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Cost of Living

Brussels authorizes Portuguese government support for farmers in the Azores

The European Commission has approved a 3 million euro aid package for farmers in the Azores to offset rising fuel and fertilizer costs incurred during the second quarter of 2026. Eligible agricultural businesses can receive direct grants of up to 50,000 euros each, with specific subsidies set per hectare and per animal based on 2025 records, alongside compensation of 11 cents per liter of agricultural diesel consumed between 1 April and 30 June 2026.

Observador· 23m agoRead original ↗

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Cost of Living

Tolls expected to increase by 3.8% in 2027

Highway tolls are projected to rise by 3.82% in 2027 based on the current inflation reference of 3.72% (excluding housing), plus a 0.1% concessionary adjustment. The final inflation rate will be confirmed by INE on 11 November, which will determine the definitive toll increase.

RTP· 1h agoRead original ↗

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Practical alerts

Media-reported alerts

Braga opens applications for grants of up to 2,500 euros for families with energy difficulties · Observador · 19h ago
Government leaves strike negotiations to CP management · Correio da Manhã · 2d ago
CP warns of train service disruptions starting Thursday due to strike · RTP · 2d ago

Live official alerts

The CP strike on Friday 30 October is cancelled and trains run normally.
CP· Lisbon area +2· until 30 Oct
Yellow rain warning for Madeira from Saturday until Sunday.
yellow warningIPMA· Madeira· from Sat 21:00

See all live official alerts

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