Macro - Country Economic Forecasts - Portugal

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $185	8 Pages	Oxford Economics	April, 2025	OFE20029178

Best Price Guarantee
Price	from $185
Length	8 Pages
Publisher	Oxford Economics
Published Date	April, 2025
SKU	OFE20029178

We have trimmed our GDP growth forecasts for Portugal to 2.4% for 2025 and 1.9% for 2026, down from 2.5% and 2.0% previously. The stronger-than-expected increase in US protectionism and continued high uncertainty drove this revision. Still, our growth forecasts are consistent with Portugal continuing to outperform most other EU countries. Healthy income growth and a step-up in spending under the EU's Recovery and Resilience Facility support the outlook, although net trade is likely to weigh on GDP growth for a second consecutive year in 2025.

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