This, according to the regulator ANACOM, was 0.5pp above the Consumer Price Index (CPI) and due to increases in the cost of bundled services.
In July, the average rate of change in telecom prices in Portugal was lower than in the European Union (-0.5pp), corresponding to the 15th highest average rate of change in the last 12 months among EU countries.
The country where the biggest price increase occurred was Poland (+5.8%) while the biggest decrease occurred in Denmark (-3.6%). On average, EU telecom prices decreased by 0.1%.
ANACOM notes that between April 2011 and May 2019 telecom prices in Portugal grew more than in the EU in terms of the average rate of change over the previous 12 months. In accumulated terms, they increased by 8.4%, while in the EU they decreased by 9.7%.
Looking at specific recent price increases in Portugal, ANACOM notes that particularly noteworthy were the monthly fees for triple-play services by Meo, Nos and Vodafone in October and November 2020 and quadruple and quintuple play offers by Meo, Nos and Vodafone in May and June this year.