Economy

Portugal comes in at 18th position in terms of the latest EU countries purchasing power ranking — 17% below the EU average. Luxembourg topped the list with the highest purchasing power, 140% [...]

Portuguese exports overseas increased by a modest 0.4% in January while imports fell 4.5% like-for-like on 2023. This is according to data released on Monday by the National Statistics Institute [...]

Portugal’s footwear industry has turned to the luxury shoe segment in a bid to face off falling orders that are closing factories and killing jobs. Portuguese footwear entrepreneurs have faced a [...]

The value of Portuguese exports of goods and services fell back to 47% of GDP last year after achieving a historic 50% of GDP in 2022. It means that the government’s target to consistently [...]

Exports of car components rose almost 14% to a record €12,433Bn in 2023 according to data released by the AFIA – Association of Automobile Industry Manufacturers. “Exports of vehicle [...]

Portuguese exports of goods posted a slight like-for-like growth in December, countering a series of eight consecutive monthly falls, while imports fell on the same month like-for-like according [...]

A leading business boss in Portugal has outlined 4 recipes to improve and maximise Portugal’s economy which he believes, despite positive export figures and growth in recent months, still has a [...]

Exports of goods from Portuguese speaking countries to China hit US$147.5Bn (€136.1Bn) in 2023 beating all records according to official data from Fórum Macau. Exports increased 6.2% on 2022, [...]

Portugal’s treasury and debt management agency returns to the markets on Wednesday with a triple auction of treasury bonds with maturities of between four, 18 and 21 years. The IGCP, which [...]

Falling exports may mean that Portugal’s economy will have to be driven by internal demand in 2024. The Portuguese economy is only expected to grow 1.2% in 2024, less than forecast by the State [...]