Tolls are expected to increase by 3.83% in 2027

Tolls on highways are set to increase by 3.83% in 2027, based on the inflation rate for October, excluding housing, as reported by INE. This increase includes a 0.1% compensation to highway concessionaires. The calculation method for toll increases is outlined in decree-law n.º 294/97, referencing the inflation rate prior to November 15. The inflation rate reported was 3.73%, slightly higher than the previous estimate of 3.72%. This adjustment follows a 2022 agreement with concessionaires to limit toll increases after a significant price rise in 2022. The government negotiated to cap the 2023 increase at 4.9%, with part of the increase covered by the state. Future increases will include an additional 0.1% for the next four years as compensation for the 2023 limit.