light, gas and water

The electricity bill at the end of the month will not be the same for everyone. This is due to the fact that the value of the regulated market, which accounts for 5% of total consumption and 915 thousand customers, will grow by 0.2%, although this is 3.4% less than in December. For those in the free market, the cost depends on the seller. The EDP will raise prices by an average of 2.4%, which would mean an increase of about 90 cents per month, while growth in Galp should be about 2.7 euros per month. Endesa makes sure it doesn’t change the values. Bottled gas prices are also expected to rise after year-end record prices. As for natural gas, the 0.3% increase implemented in October will be maintained and will remain in effect until September. On the water side, if companies decide to follow the Water and Waste Management Regulatory recommendations, an increase of 0.9% is expected in line with inflation. For its part, the waste management fee is expected to remain the same after rising to 22 euros this year.

Food

So far, one thing seems clear: food will rise in price this year, although the agricultural year had reasons to smile. Meat and fish are known to rise in price – with an increase of roughly double digits – with an emphasis on veal and poultry, which should be more pronounced. Pork is not included in these accounts. But that’s not all: olive oil will already rise in price, and bread will also rise in price. Even milk prices are expected to rise in line with the industry-wide trend in 2022. We are talking about a number of factors, such as a shortage of raw materials, rising fuel prices and, of course, inflation. From food to clothing, the price of which can also be expected to rise.

bank fees

Novobanco, Santander Totta and BCP are already forecasting higher bank fees. For example, in novobanco, a demand deposit of more than 35 thousand euros will be paid in the same way as if it was less than this amount, that is, 62.30 euros per month. Credit commissions are also increasing. For personal loans for leasing furniture (excluding new cars), the contracting fee increases to € 400 in portfolio transactions, while it is currently € 314 for up to three years and € 380 for over three years. Processing fees for these loans rose to € 36 per quarter (up from € 33). At Santander Totta, starting from February, the bundled account commission increases to € 5.30 / month and the credit card fee to € 2.25 / month (subject to certain conditions). In the case of BCP, the commission is retained (if the loan was less than 250,000 euros, it is 199.92 euros per year, if the loan is equal to or exceeds 250,000 euros, the commission is 60 euros per year), however, the exemption from these commissions applies only to loans, equal to or exceeding two million euros. Undoubtedly, other banks will have to follow the update.

Fuel and tobacco

The price of fuel is constantly rising and falling and changing every week depending on the price of raw materials. And while prices can change from mail to mail – since the price set on the web must also take into account the level of competition, supply and demand in each market – there is no doubt that the numbers hit record highs this past year. values. Consumers will pay a new carbon tax of € 0.54 on gasoline and € 0.58 on diesel. But drivers will have to prepare for other climbs. The carbon tax freeze ends in March, with the Portuguese Association of Petroleum Companies (Apetro) pointing to an increase of four to five cents per liter since then (excluding VAT). The oil and energy products tax (ISP) is also expected to rise by one cent per liter for diesel and two cents per liter for gasoline. With regard to tobacco, there is little certainty yet, as the proposed State Budget for 2022 was rejected but provided for an increase of 10 cents.

communications

At the moment, not all operators have announced what they intend to do with the price list next year, but some have already said they will raise prices. At the moment, customers of Meo – the Altice brand – have already been informed that from January 1, the operator will increase the base price of the monthly fee by 50 cents. And, if there is confidence that Meo will raise prices, Nowo guarantees that this will not happen, assuming “no updates are planned.” NOS and Vodafone have yet to comment on this issue. However, it must be remembered that the 5G auction has finally come to an end and hence the operators now need to make some big investments. DECO Proteste has already taken into account the first offers and warned that operators are preparing to raise prices by five euros on some packages.

I am

The price per square meter (m2) for the purposes of calculating the municipal property tax (IMI) and calculating the taxable patrimonial value (VPT) in 2022 will remain at 615 euros for most municipalities. But some even decided to lower this value. The price charged consists of the average construction cost, which is set annually at the suggestion of the National Urban Evaluation Commission, and remains at 492 euros, to which is added 25% of the same amount set by the Government. , which corresponds to the size of m2 of the implantation site. And it is determined taking into account, namely, direct and indirect costs incurred during the construction of the building, such as costs of materials, labor, equipment, administration, energy, communications and other consumables, explains the IMI Code. It is used in the formula to calculate the VPT of urban buildings for residential, commercial, industrial and service industries. In addition, the IMI rates set by the municipalities in which the property is located are subject to income tax, which ranges from a minimum of 0.3% to a maximum of 0.45%. But regardless of the IMI fee charged by the councils, IMI will grow by about 4% next year for new or refurbished properties.

health and insurance

The bad news is mostly about government officials. In September, the new ADSE regime table began to apply, however, some prices were revised, and these changes will only take effect in early 2022. For example, childbirth is 35% more expensive. In the area of ​​health care, we can also see a rise in the prices of health insurance policies. But the good news is that the government wants to stop the fall in drug prices. The goal of this mechanism is to “ensure the sustainability of the National Health Service and prevent drug erosion at lower prices.” In addition, the VAT on gels and masks in 2022 will remain at a reduced rate, while the costs will be deducted by the IRS as health care costs, as was the case this year.

Houses

This is yet another case of inflation in action: home prices will continue to rise next year, and rising demand is not helping either. APEMIP President Paulo Cayado has already said that there is “stability and a trend to keep this path” of growth. And he adds that “prices are dictated by supply and demand, and this is what will indicate its evolution.” This problem is exacerbated by the rise in construction costs, which “also determines the final price per square meter.” The cost of home installments must be maintained. This is due to the fact that very little impact is expected to come from an increase, also negligible, in Euribor rates. And for those who rent out, the destination is no different. Rentals did not increase in 2021 but will rise in 2022 due to inflation: an increase of 0.43%.

cars

The chip crisis will continue to take its toll on the automotive sector in 2022. And the lack of these raw materials can lead to higher prices for new cars. The news is also not good for those thinking of buying a used car, which has been experiencing price increases in recent months due to poor supply.
Also, be prepared to pay more when you go for an inspection. New tariffs for technical inspections of road vehicles will rise 0.9% as they reflect inflation (excluding housing) recorded last month by the National Statistical Institute. In general, in the case of a passenger car, from January 1, you will have to pay an additional 31 cents: the fare rises to 31.80 euros. The base price rises from € 25.60 to € 25.85, plus a VAT rate of 23%. If you have a heavy car, the surcharge is 47 cents: the base rate rises from € 38.31 to € 38.69. Including VAT, the new price is EUR 47.59.

Transport and tolls

Monthly public transport passes in Lisbon will continue to cost between € 30 and € 40 per month depending on conditions, but transport tickets from the operators and services of Transportes Metropolitanos de Lisboa are expected to rise 0.57%. In addition to transport, fares will rise. Brice announced that 28 of the 93 toll rates applied to class 1 will be increased, and justifies the increase on inflation. The main long-distance routes with price increases: A2 between Lisbon and Algarve with an additional 0.35 euros, A1 between Lisbon and Porto with an additional 0.20 euros and the A6 between Marateca and Caia, also with an additional 0.20 euros. In addition, Via Verde is also making changes: there are modalities that will no longer be available and an option for tolls only will be created, which means that prices will change as well. In this case, for those who want to pay only for travel, you will pay an additional 49 cents per month (with an electronic invoice) or 5.75 euros per year (if you cannot do without a paper invoice). For additional services, you will need to subscribe to Via Verde Mobilidade, which allows you to pay for car parks, but from April 1st it will cost 99 cents per month or 11.65 euros per year (in the case of e-invoices).