The fiscal increase on consumption decreased by almost 700 million euros. This drop represents a significant reduction in consumption tax revenue compared to previous periods.
The slowdown in consumption tax revenues includes revenue drops in ISP, related to petroleum products, and in tobacco tax. These two sectors contributed significantly to the overall reduction in tax revenue.
By July, the fiscal gain was 79% below that recorded one year earlier. This sharp decline indicates a cooling in consumer activity that has a direct impact on state revenues.
The scenario reflects a trend of lower economic growth and potential reduction in domestic consumption, with consequences for Portuguese public finances.




