The price of a basket of essential products rose again for the third consecutive week. In the last week alone, the cost of this basket increased by around four euros, already surpassing 234 euros, according to the Portuguese Association for Consumer Protection (DECO).
In February, inflation eased to 8.2%, ie the fourth consecutive month of price slowdown. However, the inflation rate of unprocessed food products rose again in February for the third consecutive month, standing at 20.09%. It is the highest value for 38 years. For nine months food prices have been in the double digits .
This trend is, in fact, signaled by DECO, which advances this Thursday that the food basket increased by 4.09 euros (1.77%) in the last week, to 234.84 euros , that is, a record since the beginning monitoring (on January 5, 2022), which monitors the evolution of the price of 63 food products.
Our regulatory agencies do absolutely nothing.
By Diogo F. from Lisbon on 18 Mar 2023, 10:13