Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
Get in touch with us nowJune 2022 saw the peak in liquid fuel price inflation in Portugal, with the inflation rate standing at 62.5 percent that month and decreased to 0.7 percent in December 2023. Overall, the inflation rates of energy commodity prices in Portugal began to increase significantly in 2021. These increases in inflation were driven further by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility.
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