The municipalities of Lisbon, Porto and Oeiras registered the highest values ​​in relation to purchasing power in 2023, according to data released by the National Institute of Statistics (INE).

"In 2023, the per capita purchasing power indicator in Portuguese municipalities was higher than the national average (100) in 31 of the 308 municipalities. A significant portion of these municipalities are located in the sub-regions of Greater Lisbon (6 out of 9 municipalities) and the Porto Metropolitan Area (6 out of 17)," reads the INE report.

According to the INE, "the municipalities of Lisbon, Porto, and Oeiras recorded the highest values," and "in addition to these, municipalities coinciding with district capitals also stood out, namely Coimbra, Aveiro, Faro, and Évora."

"The regional structure of Purchasing Power Percentage (PPP) in 2023 revealed that the NUTS II regions of the North and Greater Lisbon, together, concentrated more than half of the national purchasing power percentage, with 32.6% and 25.5%, respectively. In addition to Greater Lisbon, the Porto Metropolitan Area (18.0%) contributed decisively to this result. These two sub-regions together accounted for 43.5% of the national PPP, which compares to the concentration of 36.9% in terms of resident population that they both represent," reads the INE report.

The INE (National Institute of Statistics) underlines that "the interpretation of the 2023 Consumer Price Index results associates the mainland with a higher purchasing power than that observed in the two Portuguese autonomous regions: the value reached 100.6 for the mainland, and 87.6 and 88.1 for the autonomous regions of the Azores and Madeira, respectively."

"Greater Lisbon (127.6) was the only NUTS II region with a value above the national average. In 2023, the IpC was above the national average (100) in only 31 of the 308 Portuguese municipalities. The municipality of Lisbon had the highest IpC (181.3), followed by the municipalities of Porto (162.2) and Oeiras (150.1). In addition to these, the municipality of Cascais (117.5) stood out in Greater Lisbon, and in the Porto Metropolitan Area, the municipalities of Matosinhos (119.6) and São João da Madeira (111.5)," it reads.

Furthermore: "Besides the metropolitan areas, the municipalities corresponding to district capitals also showed a CPI higher than the national average, notably Coimbra (118.8), Aveiro (117.8), Faro (113.3) and Évora (111.5)."

"In addition to these, the municipalities of Sines (124.2), in the Alentejo Litoral, and Alcochete (117.8), in the Setúbal Peninsula, also showed higher values. In the autonomous regions, Funchal (109.1) and Ponta Delgada (102.2) presented values ​​higher than the national average," it is further mentioned.

It should be noted that "across the national territory, 106 municipalities (34% of the total number of municipalities) presented CPI values ​​lower than 75."

"Of the 10 municipalities with the lowest reported IpC, two belonged to the Autonomous Region of Madeira, seven to the North region (distributed across the sub-regions of Douro, Terras de Trás-os-Montes, Tâmega e Sousa, Alto Minho and Alto Tâmega e Barroso) and one to the Central region (sub-region Beira Baixa)," it reads.