The price of a basket of essential products has increased by around 20 euros since the beginning of the war in Ukraine, reaching a total of 203.72 euros. Fresh hake, salmon, cooking oil, chicken and Maria biscuits were the five products that increased the most since then, with increases of more than 26%, according to accounts carried out by the Portuguese Association for Consumer Protection (Deco).
The Russian invasion of Ukraine further accelerated the rise in energy and transport prices, aggravating the escalation of raw material prices. This trend is already reflected in the inflation rate in Portugal, which in June reached 8.7%, the highest value since 1992, and is also reflected at European level, with prices accelerating by 8.6% in the Eurozone last month, a two-decade high.
Among the products that registered the biggest price increase since the beginning of the war and until last Wednesday, Deco highlights “fresh hake (up 46%), salmon (up 40%), 100% vegetable cooking oil (up 38%), whole chicken (up 31%), wafer Maria (up 26%), cake flour (up 23%), turkey steak (up 21%), ground roasted coffee (up 21%), carolino rice (21% more) and pork chops (20% more).