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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]