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WHAT WILL INCREASE IN 2019 IN PORTUGAL

WHAT WILL INCREASE IN 2019 IN PORTUGAL

Since 1 Januaryer On January 1, several price increases went into effect on items that are more or less important to consumers. The Jornal de Notícias takes stock of the purchasing power in Portugal.

Rents, tolls and also public transport are among the goods and services whose prices will increase in 2019. But there will be a 3.5 % decrease in electricity on the regulated market." notes the Jornal de Notícias, taking over an information from the news agency Lusa.

The daily newspaper lists the increases that will affect the Portuguese, but also expatriates or those who would like to settle in Portugal. Here are the main ones:

  • Rents: +1.15 %. A higher increase than in previous years (1.12 % in 2018, 0.54 % in 2017, 0.16 % in 2016).
  • Tolls: +0.88 %.
  • Public transportation: +1.14 %.
  • The single circulation tax (IUC) and the vehicle tax (ISV): a priori +1.3 %. These will be updated according to the WLTP homologation. This determines the taxation of cars according to their consumption and CO2 and other fine polluting particles.
  • Tobacco: a priori +10 centimes. This increase is also due to the increase of 5 cents of the tax paid by producers, provided in the state budget this year. Thus, a pack of cigarettes, whose price is now 4.90 euros should soon cost 5 euros.
  • Sugary drinks: will be more expensive because of the increased taxes they are subject to. The new prices for soft drinks will be based on their sugar content per liter. A can of Red Bull, for example, will increase by 0.76 cents.
  • Telecommunications: The operators NOS and MEO have announced that they will increase their tariffs due to inflation. Vodafone has not yet decided.

On the other hand, the Jornal de Notícias states that "the price of electricity on the regulated market has fallen by 3.5 % for consumers since 1er January". Et of 0.6 % in the autonomous regions of the Azores and Madeira. In the open market, the Galp and Endesa groups. Have announced reductions of 2.6 % and 6.3 %, respectively. This is the largest decrease in electricity prices since 2000.


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