On the sidelines of the launch of 'Maia, Portuguese Capital of Volunteering 2025', in the Porto district, the PM stated that "we are not in a scenario of constant escalation" in fuel prices.

"Today we have seen a significant increase, mainly due to the increase in the price of oil and the devaluation of the euro against the dollar. Fuel prices are updated weekly, they have fluctuated, and they have gone up and down over these last 10 months. Today we can say that, given the day we take on the responsibility of governing the country, gasoline is a little below the price it was in the first week of April and diesel is a little above the price it had in the first week of April. This means that the market, with the factors that contribute to price formation, has been moving at an average value and there is therefore no reason for alarm", explained Luís Montenegro.

For Montenegro, we cannot "compare this with an escalation and inflation of prices, similar to what happened two or three years ago".

"As long as this mechanism works in such a way that there are decreases and few increases, although this happens from time to time, we will maintain our policy on fuels. If we reach, at some point, a constant and permanent increase in the price that jeopardises this balance, the Government will take measures to reduce the fiscal impact on price formation so as not to create excessive fluctuation", he said, responding to the leader of the PS, Pedro Nuno Santos, who accused him of "lying and increasing the tax on fuels".

"Let's tell people the truth. We are not even close to being in a situation where we are suddenly faced with a scenario of constant price increases and escalation", he concluded.

Related article: