🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe

Pasta Went Up 22 Percent in a Week, and Portugal's Essential Food Basket Is Back Above 254 Euros

DECO Proteste's 63-item basket rose 2.11 euros in the week to 2 September, to 254.73. Spiral pasta led the increase at about 22 percent. Against the start of 2022 the same shop costs 67.03 euros more, a rise of 35.71 percent.

Pasta Went Up 22 Percent in a Week, and Portugal's Essential Food Basket Is Back Above 254 Euros

The weekly shopping basket that DECO Proteste has tracked since 2022 went back up this week. The 63 essential goods in it were re-priced between 26 August and 2 September, and the total came out at 254.73 euros, an increase of 2.11 euros on the previous reading. The week before, the same basket had fallen by 94 cents.

The basket is deliberately ordinary. It contains turkey and chicken, horse mackerel and hake, frozen goods, fruit, vegetables, dairy and store-cupboard groceries: the things a household buys without thinking about them. That is what makes the comparison useful, because the same list has been priced week after week for four years.

Where the increase came from

Three items did most of the work. Spiral pasta rose about 22 percent in a single week, spaghetti about 21 percent, and crustless sliced bread about 14 percent. Those are large moves for staples that usually sit still, and they are the sort of increase a household notices in the till receipt rather than in an inflation statistic.

Over a full year the pattern is different again. The steepest rise was in large salt cod, up 25 percent, an item that carries an outsized weight in Portuguese kitchens as autumn arrives. Sea bass ran the other way and was 24 percent cheaper than a year earlier.

The four-year arithmetic

The longer numbers are the ones worth keeping. The same basket cost 12.91 euros less at the start of this year, so roughly five euros a month has been added to a comparable weekly shop in eight months. Against the beginning of 2022, the gap is 67.03 euros, an increase of 35.71 percent.

That figure sits uncomfortably beside the wage data. Portuguese pay rose 5.1 percent in the second quarter of this year, but faster prices left workers only 1.8 percent better off in real terms. A basket up more than a third since 2022 is a large part of the reason the improvement feels smaller than the payslip suggests.

It also sits above headline inflation. Consumer prices rose 3.3 percent in August, and fuel did almost all of that work. Food has been the slower, steadier pressure underneath, which is precisely what a fixed basket is designed to reveal.

What this means for expats