Portugal | The growth rate of the economy stabilises
Published on Friday, September 4, 2015 | Updated on Friday, September 4, 2015
Portugal | The growth rate of the economy stabilises
Summary
The MICA-BBVA model forecasts growth of 0.4% for the third quarter, similar to the second quarter data released in August, which was worse than we expected. Growth in 2015 will be below 2%. Domestic demand will remain the main engine of growth, while supporting external demand weakens
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Miguel Jiménez
BBVA Research - Lead Economist
Agustín García
BBVA Research - Lead Economist
Diego Torres
Massimo Trento
BBVA Regulation - Regulation Associate
Josep Amer