Fuel tax cut offers temporary relief as food and energy costs surge

Rising food and fuel prices are putting pressure on households and businesses across the country. Essential goods like bread have become more expensive, with food costs already up by 7% in February. The government has now announced a temporary discount on fuel tax to ease the burden at the pumps.

The cost of living has climbed sharply in recent weeks. Storms in February pushed food prices up by 7%, and further increases are expected this month. Bread and other staples are now noticeably pricier, squeezing family budgets.

Fuel costs have also surged, with road diesel set to rise by 23.4 cents per litre. To offset this, the government will cut the Portuguese fuel tax (ISP) by **3.55 cents per litre** for diesel. If petrol prices jump by more than 10 cents compared to 6 March, the discount may extend to unleaded fuel as well. The reduction takes effect immediately but will be reversed once prices return to earlier levels. The exact fuel price for Monday remains unclear, as the latest figures do not yet include the tax discount. Market shifts could still alter oil and fuel costs before the week ends, leaving drivers uncertain about future expenses.

The temporary fuel tax cut aims to provide quick relief for motorists facing higher prices. However, families and businesses will continue feeling the strain from rising food and energy costs. The government's measure will stay in place only until prices stabilise at previous levels.