Portugal | Shifting down a gear
Published on Monday, November 23, 2015
Portugal | Shifting down a gear
Summary
The negative surprise in the GDP for the third quarter and the weakening of the supports of the economy, both internal and external, lead us to revise down our growth forecast for this year and next. Domestic demand will remain the main engine of growth but deepening uncertainty may slow it down.
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Agustín García
BBVA Research - Lead Economist
Miguel Jiménez
BBVA Research - Lead Economist
Massimo Trento
BBVA Regulation - Regulation Associate