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Euronews

Diana Rosa Rodrigues

Portugal's food basket cost at all-time high but not due to Iran war

Portugal Iran Oil Deco ECB Euronews

The food basket tracked by the Portuguese Association for Consumer Protection (DECO) reached €254.12, an all-time high.

According to the institution, the price rose by €12.30, an increase of over 5%, compared to the first week of this year. Additionally, the hike represents €66.42, or more than 35% than the price in first week of 2022, when the monitoring of these essential goods began.

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