Rising prices

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Rising prices

Postby roy4eyes » Tue Feb 06, 2018 4:08 pm

Today we went to Ponto de Encontro for lunch and the price has risen from € 10 to € 11.99 - a 20% increase and this coming after a drop in I.V.A. from 23% to 13% seems a bit naughty. Taking into account the drop in value of the pound this equates to a rise of around 35% from pre-brexit days.
Let's hope this is not a general trend or the days of eating out will be for the affluent tourists only.
It will be interesting to get reports from other eateries (and drinkeries).
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Re: Rising prices

Postby Jaylay » Tue Feb 06, 2018 5:56 pm

Still ones of the cheapest countries in Western Europe, you should see the prices in France and Italy. Still a good price for a freshly cooked lunch with alcohol included.

Hope it also means the staff are getting a living wage and not the minimum Portugal one.
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Re: Rising prices

Postby MaisieK » Tue Feb 06, 2018 10:28 pm

What a strange amount to charge so in other words it is 12euros.
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Re: Rising prices

Postby roy4eyes » Tue Feb 06, 2018 10:49 pm

Correct - I was given €4 change from € 40 for 3 people. In spite of my Yorkshire upbringing I thought it a bit churlish to ask for he extra € 0.03 :)
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Re: Rising prices

Postby bugsey » Wed Feb 07, 2018 9:00 am

Roy, not being an affluent tourist, just a tourist. Have been to several local restaurants in the area for lunch but none have gone up in price except for Ponto. Still their lunch menu is better than most.
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Re: Rising prices

Postby tomgibson » Thu Feb 08, 2018 10:40 am

That has still got to be great value. One of our favourite restaurants.
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Re: Rising prices

Postby widge » Thu Feb 08, 2018 8:20 pm

roy4eyes wrote:Today we went to Ponto de Encontro for lunch and the price has risen from € 10 to € 11.99 - a 20% increase and this coming after a drop in I.V.A. from 23% to 13% seems a bit naughty. Taking into account the drop in value of the pound this equates to a rise of around 35% from pre-brexit days.
Let's hope this is not a general trend or the days of eating out will be for the affluent tourists only.
It will be interesting to get reports from other eateries (and drinkeries).


Roy I don't visit this site very often as nothing much happens and when it does it usually involves the duck!

I can only assume your comment is made "tongue in cheek" only affluent tourists affording to eat out at €11.99 come on .

As for pre Brexit days - move on we are leaving and the pound will continue to fluctuate against the €, it always has and always will, get used to it it's what currencies do !

I can assure you that you have significantly more free cash from your income and investments to spend in Portugal than you would have if you returned to Blighty.
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Re: Rising prices

Postby roy4eyes » Fri Feb 09, 2018 10:23 am

As Pato says "it takes a controversial comment to get any response !!"

Equally as some newspaper editor is reputed to have said "the only good new is bad news !!" :lol:

Yes my Yorkshire tongue is firmly in my Gloucester cheek :wink:
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Re: Rising prices

Postby smudger » Fri Feb 09, 2018 4:07 pm

MaisieK wrote:What a strange amount to charge so in other words it is 12euros.


I can remember when Marks and Spencers priced everything ending in 99p, then change of policy and now rounded to nearest £.
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