Motorway tolls to rise 1.84% in 2022 if October CPI estimate confirmed

  • Lusa
  • 29 October 2021

The flash estimate of the Consumer Price Index for October, released by the INE on Friday, showed year-on-year inflation, excluding housing, of 1.84% in October.

The price of motorway tolls in Portugal is set to increase by 1.84% next year, if the estimated year-on-year rate of consumer price inflation – housing excluded – in October, published on Friday by the National Statistics Institute (INE), is confirmed.

The formula on which the increase in tolls is calculated each year is set out in 1997 legislation that establishes that the variation is based on year-on-year inflation rate in mainland Portugal, excluding housing, in the last month for which data is available before November 15, the deadline for motorway concessionaires to let the government know their proposed prices for the following year.

The flash estimate of the Consumer Price Index for October, released by the INE on Friday, showed year-on-year inflation, excluding housing, of 1.84% in October.

In 2020 and 2021 toll prices were unchanged, after four consecutive years of increases: in 2019 tolls on motorways had increased by 0.98%, following increases of 1.42% in 2018, 0.84% in 2017 and 0.62% in 2016.