Connect with us


The northern region has been hit the hardest by rising food prices



The northern region has been hit the hardest by rising food prices

Food products occupy more than 20% in the consumer basket. Lisbon suffers the most from the cost of energy, with the North just behind it.

The inflation rate in Portugal, measured in September this year compared to the same month in 2021, jumped to a three-decade high of around 9.3%, the National Statistical Institute (INE) said yesterday, thus confirming its first estimate made at the end of September. September.

But the national rate has different grips. On Thursday, INE detailed inflation data on the various impacts of cost-of-living increases by region, by type of consumption, etc. Records were broken here too.

The northern region is the most affected in the country by the rise in prices in terms of the costs associated with the final consumption of essential goods. In the North, the average food price rose by 17.7% in just the year to September last year. The national average is 16.4%. The second most expensive region is the Lisbon metropolitan area, where food inflation is 16.6%.

It should be noted that the group labeled “food and non-alcoholic beverages” has the highest weight in the standardized basket used to calculate the consumer price index (CPI). This costs about 22% of the expense in question.

In regions with higher density of poverty and inequality, the weight of food consumption obviously tends to absorb most of the expenditures of households and final consumers.

See also  Pensions. Learn to save for a quieter retirement

Energy also weighs

So the higher inflation here, the greater the pressure on families to put families in increasingly difficult situations in managing their current budgets.

The other CPI item that carries the most weight is, of course, energy commodities, which include light, gas, diesel, gasoline and heating fuel.

End-users in Greater Lisbon are the hardest hit, with annual inflation in this class of 23.9% in September.

The northern region appears to have been hit hard, lagging by a few tenths, with annual inflation of 23.1% and above the national average of about 22.2% in energy, according to INE.

There are clear signs that regions with more tourism and people in transit could be plagued by sharper price increases.

With a heading nationally outpacing inflation measured in September, it’s no surprise that “restaurants and hotels”: according to INE, prices rose almost 18% year-on-year in this industry group. This is almost twice the average inflation in the country (9.3% mentioned above).

Shortly speaking. Portugal is currently registering an inflation that already exceeds 9%. The Lisbon metropolitan area leads this globally with a superlative of 9.9%. In the north of the country, the overall increase in prices will be 9.4%.

The least affected regions, albeit with high inflation in the history of the last decades of the euro, are the Azores (6.4%) and Alentejo (7.6%).

Given the existing price dispersion, it is clear that the averages on which government budgets are based can be distortive or serve one less than the other.

See also  The ECB shines gold and supports the euro. Oil continues to sink - markets in a minute

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners



Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

Continue Reading


The first Dacia hybrid. “The cheapest hybrid family on the market”



The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

Continue Reading


See how Tesla tests its electric Semi truck in the worst-case scenarios



Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.

Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

See also  Asian marketplaces muted as traders warily await U.S. stimulus deal

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

Continue Reading