Portugal economic outlook and its long-run challenges

Summary

Our GDP growth forecast for Portugal has been slightly revised downwards to 1.5% 2019. The Portuguese economy must successfully face many long-term challenges to seize the opportunities of the digital revolution

Key points

• Key points:
• Global activity remains weak and uncertain, leading to stabilizing economic policies. Trade tensions could derail global growth
• Our GDP growth forecast for Portugal has been slightly revised downwards to 1.5% 2019
• There are still numerous risks and, once that the cyclical recovery is almost complete, it is now necessary to address the long run challenges of the Portuguese economy

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