Motorway tolls are expected to rise by 2.21% in 2025. This increase is based on the year-on-year inflation rate for October excluding housing as confirmed by the National Statistics Institute INE this Wednesday along with an additional 0.1% compensation to concessionaires.
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The formula for calculating the annual increase in toll prices is outlined in Decree-Law No. 294/97. It specifies that the variation to be applied each year uses as a reference the year-on-year inflation rate, excluding housing, recorded on the mainland in the latest month with available data before November 15.
This deadline allows concessionaires to submit their price proposals for the following year to the Government.
Historical Toll Price Adjustments and Agreements
According to data released today by INE, the inflation benchmark stands at 2.11%.
This amount includes an additional 0.1 percent, in line with a 2022 agreement with motorway concessionaires to offset the cap placed on a toll increase of approximately 10 percent in 2023.
In 2022, year-on-year price increases on the mainland, excluding housing, surpassed 10%, leading the Government to negotiate with concessionaires to limit the toll increase for 2023 to 4.9%.
At the time, then-Minister of Infrastructure Pedro Nuno Santos explained that, in addition to the 4.9% increase covered by motorway users, a portion (2.8%) was funded by the State, with the remaining amount up to 9.5% or 10.5%, absorbed by the concessionaires.
To compensate for the 4.9% cap set in 2023, it was agreed that concessionaires could add an extra 0.1% to the annual toll adjustment calculated from their respective concession contracts over the following four years.
Recent Toll Adjustments
In 2024, tolls were adjusted by over 2%, driven by an October Consumer Price Index CPI on the mainland, excluding housing, of 1.94%, along with an added 0.1%.
In 2022, CPI changes led to a 1.83% increase in tolls, whereas in 2020 and 2021, tolls remained unchanged due to a negative reference value.
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