INFLATION IN Portugal registered 2.7 per cent in October, up by 0.1 per cent on September 2005. In real terms, it means that many products are now half a percentage point dearer than they were in September.
According to the latest figures released by the Portuguese National Statistics Institute, education, transport, alcoholic drinks, coffee, tobacco, rent, water, light and gas all showed moderate price rises. Clothing and footwear also rose in price compared to both this time last year and even last summer.
However, many non-essential consumer products rose not on account of inflation but because of increased taxation introduced by the government in its budget for 2006.
