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    GDP

     Economy set to grow 6.7% this year and 1.2% in 2023
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    By Fernando Caetano
    In GDP, Inflation, News
    Posted 23 Setembro, 2022

    Economy set to grow 6.7% this year and 1.2% in ...

    Portugal’s Council of Public Finances (CFP) is optimistic that the country’s economy will grow 6.7% this year and fall back to 1.2% next year. However, the CFP also foresees that inflation will [...]

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     Portuguese economy contracts 0.2%
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    By Fernando Caetano
    In Economy, GDP, News
    Posted 29 Julho, 2022

    Portuguese economy contracts 0.2%

    Portugal’s economy contracted by 0.2% in the second quarter of this year. This followed growth of 2.6% in the first quarter of 2022. The figures released by the National Statistics Institute [...]

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     Growth likely to slow in 2023 after 6.6% in 2022
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    By Fernando Caetano
    In Banks, GDP, News
    Posted 13 Julho, 2022

    Growth likely to slow in 2023 after 6.6% in 2022

    The Dutch bank ING has predicted a growth for Portugal’s economy of 6.6% — a forecast that is more optimistic than the government’s own forecasts. However, as the war in Ukraine drags on and [...]

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     IMF cuts GDP forecast to 4%
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    By Fernando Caetano
    In GDP, IMF, News
    Posted 20 Abril, 2022

    IMF cuts GDP forecast to 4%

    The International Monetary Fund published its economic forecasts for the world economy on Tuesday in which it as lowered Portugal’s GDP growth outlook to 4% this year and 2.1% in 2023 because of [...]

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     BdP warns of 4 percentage point fall in GDP in spring bulletin
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    By Fernando Caetano
    In Economy, GDP, News
    Posted 21 Março, 2022

    BdP warns of 4 percentage point fall in GDP in ...

    The Bank of Portugal has warned that rising energy costs, supply chain problems, widespread sanctions against Russia over the war in Ukraine and a climate of general uncertainty could all [...]

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     Portugal’s GDP set to grow but deficit remains the same
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    By Fernando Caetano
    In Economy, GDP, News
    Posted 8 Outubro, 2021

    Portugal’s GDP set to grow but deficit remains ...

    Portugal’s economy will grow more than expected between now and the end of the first half of 2022 but the annual budget deficit and accumulated deficit is set to remain persistently stubborn. The [...]

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