Agência para o Investimento e Comércio Externo de Portugal


A new study reveals that "there are specific groups feeling the impact of rising prices more".

Seven out of 10 Portuguese (72%) state that inflation has changed "slightly or completely" their purchasing power, according to the most recent Netsonda Barometer, carried out among 1,000 Portuguese aged 18 to 64.


"Currently, more than half (55%) of the Portuguese say they have changed their consumption habits slightly or completely, while 72% refer that inflation has changed their purchasing power/disposable income quite or completely", according to a report by Notícias ao Minuto.


As a result, the main measures taken by those who felt a greater loss in their purchasing power were going to restaurants less often (72%), buying less clothes/shoes/accessories (71%) and buying more own-brand products (71%).


In The Portugal News