84
Today the Bank of Portugal revised its growth forecasts for the country upwards for 2024, with a 2% increase in GDP compared to the previous estimate of 1.2%, while underlining the risks associated with political uncertainty linked to the recent change of government.
According to the new estimate, between 2025 and 2026, Portugal’s GDP is expected to grow by an average of 2.3%, while inflation is expected to fall to 2.4% this year, after a price increase of 5.3%. in 2023, as well as investments are expected to increase by 3.6%, with “exports being one of the main drivers of growth”.