Bank of Portugal Revises Economic Growth Upwards to 2.3% This Year
6 Articles
6 Articles
The Portuguese economy must thus advance 2.3% this year and 1.8% next year, i.e. above 1.8% and 1.6% expected in July, with a strong "pulse of the funds of the PRR and of the budgetary measures, as well as a more positive performance of the exports".
This forecast is in line with the estimates of Banco de Portugal which this week also projected a growth of 2.3% for and economy this year
In the autumn forecast, released this Wednesday, it admits that GDP, national wealth, can grow 2.3% this year and 1.8% next year.
Private consumption again surprised and, with the help of the PRR, the economy accelerated to a growth of 2.3% this year, according to the forecasts of the supervisor led by Álvaro Santos Pereira.
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