The Russian invasion of Ukraine has accelerated the rise in energy prices, which, combined with drought and other factors, has worsened inflation in most of the western world.

The current economic situation also punishes Portuguese families and is reflected in the inflation rate in Portugal, which accelerated to 8% in May, a maximum since 1993. Thus, according to the Future Consumer Index by the consultancy EY, 47% of consumers are worried about their financial situation and half (49%) admit to making an additional effort to save, even with the increase in prices.