Families see wages weakening and demand the ECB curb interest rates
Business

Families see wages weakening and demand the ECB curb interest rates

SAPO Notícias26 August 2026 at 20:58

The European Central Bank conducted a study with 19,000 consumers, including one thousand Portuguese, about their expectations regarding inflation and the cost of living. Families reveal they are feeling a weakening of wages and are calling for a brake on interest rates. Consumers expect a slight relief in prices, but anticipate a loss of momentum in nominal wages in the coming months.

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