Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business
By Catarina Demony and Miguel Pereira

Scrapping food VAT not enough to tackle cost of living crisis, Portuguese say

A woman buys groceries on the day the government is expected to unveil new measures to help families and companies in Lisbon, Portugal, March 24, 2023. REUTERS/Pedro Nunes

As prices soar in one of western Europe's poorest nations, many Portuguese say the government is failing to help them cope and they brush off a new measure to scrap value added tax (VAT) on basic food products as too insignificant.

"Things are really more expensive and it is difficult for us to get what we need...we are buying less," said Lisbon resident Teresa Peres, 62, who opts to shop at a food market in the Benfica neighbourhood to save some money.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.