“We hope that this measure will result in a reduction in prices,” said Finance Minister Fernando Medina. It was also decided to increase social aid to the poorest families to 30 euros per month and an aid of 15 euros per child. That measure would apply to more than one million families in Portugal. There will also be an exceptional increase of 1 percent in the wages of some 740,000 civil servants and an increase in their meal allowance.
Inflation is starting to slow in Portugal, having reached 10.1 percent in October, the highest level in 30 years.