Portugal: The economy will grow by about 0.8% in 2014
Published on Wednesday, August 6, 2014 | Updated on Wednesday, August 6, 2014
Portugal: The economy will grow by about 0.8% in 2014
Summary
Investment and exports hampered activity in 1Q14. In the second quarter, high levels of confidence are only partially borne out in activity data, while unemployment is declining and inflation turned negative. Net exports will be the main driver of growth in 2Q14 and the gradual improvement of domestic factors will lead the recovery in 2014 as a whole and in 2015
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research