๐ต๐น Oil Price Shock Impact on Portugal
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Portugal's economy.
Sectors
- โ๏ธ Travel & Tourism โ estimated +11.7% to +21.4%
- ๐ Transportation โ estimated +15.6% to +28.5%
- ๐ Food & Groceries โ estimated +5.9% to +14.3%
- โก Energy โ estimated +19.4% to +35.6%
- ๐๏ธ Construction โ estimated +7.8% to +16.7%
- ๐ General Cost of Living โ estimated +9.7% to +19%