According to data from INE, as part of the update of the Consumer Price Index (CPI). The data reveals that the inflation rate in Portugal continued the upward trend, increasing to 4.2% last month, compared to February last year.
According to the National Statistics Institute, in February, “all regions showed positive year-on-year variations in housing rents, with Lisbon and the Algarve registering the most intense increases (2.3%)”.
As for the average value of housing rents per square metre, there was a monthly rise of 0.2%, a rate lower by 0.1 percentage points than in the previous month.