a The year 2023 has brought some changes that will have an impact on the portfolio of Portuguese families. over there Changes in wages and pensionsbut there is also a file General price increase That consumers will pay for the services they use on a daily basis.
Rising prices
Electricity
electricity price in regulated market An increase of 1.6% in January 2023, compared to December, with a rise of 3.3% compared to the average for this year, which are higher values than those proposed in October, the Energy Services Regulatory Authority (ERSE) announced.
In the liberalized marketa EDP Commercial announced that it will increase the electricity bill for residential customers by about 3% on average from today, reflecting the volatility of the cost of buying energy.
In turn, the Andesa The company plans to maintain the total value of electricity bills to customers in 2023, starting with including the cost of the Iberian Mechanism, while lowering electricity rates, the company warned in a note to customers. the Iberdrola He reported that customers’ electricity bills will drop by an average of 15% this year, noting that this reduction “applies to energy components and access costs.” the bringer It will reduce electricity bills by about 11%, on average, from the beginning of 2023, an official source told Lusa.
Gas
ERSE announced that the natural gas bill will rise, starting this month, by about 3% for customers most represented in the regulated market, after a deviation in the purchase price expectations. The entity said in a statement that it had updated “the price of electricity regulated marketwith an additional 2 euros per megawatt-hour, from January 1, 2023.
tie my shoes
Rents can only rise, from January, up to 2%, after the Government has published a law to that effect, in Diario da Repubblica, in October, within the scope of measures aimed at mitigating the impact of price increases.
fees
The then Minister of Infrastructure announced that the fees would increase by 4.9% starting this month, considering the solution that it was possible to reach a “balanced”. On top of this amount, the former governor explained, “the responsibility of the state will be 2.8% and the rest, up to 9.5% or 10.5%, on the concessionaires.”
transmit
The Transportation Authority (AMT) announced in October that the planned transportation tariff update amounted to 6.11%, noting that its maximum value is the average rate of change in the consumer price index, excluding housing, in the 12 months between October 2021 and September. 2022, or zero when this rate is negative.
Thus, Navegante tariff passes and Carris Metropolitana spin-off tickets in 2023 will maintain the prices in effect this year. Transportes Intermodals do Porto (TIP) said incidental tickets for the Andante intermodal tariff, in the Porto metropolitan area (AMP), will suffer an average increase of 1% from January. Monthly passes will not increase.
Telecommunications
The CEO of Altice Portugal, owner of Meo, said prices will be updated from February, with fixed-vote-only customers and retirees with a retirement plan excluded from the increase. The position of other operators is not yet known.
bread
The price of bread is expected to rise again in 2023, due to the increase in the cost of raw materials and energy, but also affected by the modernization of the minimum wage at the national level.
Searching operations
Vehicle technical inspection fees also increased in 2023, rising from the current 25.85 euros to 27.80 euros for light vehicles and from 13.02 euros to 14 euros for motorcycles, in addition to value-added tax. For heavy vehicles, the inspection fee increases from the current €38.69 (excluding VAT) to €41.60 as of today.
Salaries and pensions
The national minimum wage
The national minimum wage rises by 55 euros, from 705 euros to Total 760 euros. This increase was negotiated in the income agreement signed between the employers’ federations and the General Confederation of Workers (CGTP was not involved), in October.
The government says it wants the minimum wage to reach 900 euros by the end of the legislature (2026).
Civil service salaries
He increases 52 euros The salaries of public administration employees who earn about 2,600 euros per month. Above this salary amount, the increase will be 2% (over €52.
Values Meal allowance €5.20 (This amount has already been paid since October).
private sector wages
The government does not regulate private sector wages, except for the minimum wage (set at 760 euros in 2023).
In the income agreement signed between the social partners, prof Wages increased by 5.1%. in 2023. However, wage increases for workers paid above minimum wage depend on company decisions or collective agreements, so they vary on a case-by-case basis.
annuities
Pensions will increases between 4.83% and 3.89%according to its value. Also Social Support Index (IAS) increased by 8.4% to 480.43 euros.
With this update, annuities up to €960 (two IAS) increased by 4.83% and annuities between €960 and six IAS increased by 4.49%. Annuities greater than six IPSAS increased by 3.89%.
A pensioner with a pension whose current value is 440 euros will receive from January 461.25 euros. A pension of 500 euros would have an increase of about 24 euros. Already a pension of 1,300 euros rose in January to 1,358.37 euros.
The pension update is less than what would result from the formula provided by the law – which takes into account average inflation without a known home on November 30 and GDP growth -, having been supplemented by the incremental value. Paid the equivalent of half board which was already provided in October. This decision by the government was controversial and highly criticized.
redesigning
The statutory retirement age is set in 66 years and four months (Less than three months compared to 2021).
In 2023, requesting early retirement will have a lower penalty: the sustainability factor is 0.8617, which means a reduction of 13.8%. This penalty applies to pensions that begin to be paid before the statutory retirement age, with exceptions provided by law. These pensions are also subject to a reduction of 0.5% for each month of the advance payment, in relation to the statutory retirement age.
Families ‘will pay the IRS 2,000 million less than they did with the 2015 rules’
Prime Minister Antonio Costamentioned it with IRS decline in 2023 Families “will pay 2 billion less than under the 2015 rules”, which also highlights the increase in the minimum wage and the modernization of pensions.
Through the social network Twitter, Antonio Costa informed about a set of changes that will come into effect at the beginning of 2023, under the slogan “#We promise to deliver”.
In 2023, the IRC will descend on companies that create jobs, raise wages, boost their capital, and invest in innovation and within. Again, we lowered the internal income tax for families, who will pay $2 billion less than the 2015 rules.# We promise to deliver
– Antonio Costa (@antoniocostapm) December 31, 2022
Read also: From minimum wage to pensions, here’s what will change next year
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