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Portugal’s GDP recorded only a small advance in Q2, and job creation and inflation slowed in August.
We have revised our GDP growth forecasts for 2025 and 2026 downwards by 0.1 pp, placing them at 2.4% and 2.0%, respectively. Meanwhile, the available indicators show that the economy continues to enjoy steady growth in Q2.
Is the Trump administration’s strategic shift compatible with the United States’ role as a guarantor of the international economic equilibrium?
September saw Q3 end with widespread gains in the financial markets. The cuts by central banks have prolonged the falls in money market rates and global stock markets have enjoyed a rally.
Portugal’s growth in the first quarter of the year fell short of expectations, shrinking 0.5% quarter-on-quarter according to the preliminary estimate of Portugal’s National Statistics Institute.
Stable economic outlook but with increasing risks: geopolitical instability, uncertainty and a lack of confidence.
One of the most highly debated issues around a partial or total peace agreement and the process of Ukraine’s reconstruction is what will happen to the European energy scenario. Will Europe once again be a major customer of Russian energy?
While income inequality has declined sharply around the world over the past 30 years thanks to the rapid economic growth of emerging countries such as China and India, it has increased in developed countries such as the United States, Germany and even France.
In this article we analyse what factors explain China’s recent cycle of low inflation and what risks could transform it into a deflationary crisis.
The concerning budget deficit and rising public debt call into question the new administration’s ability to implement the fiscal proposals promised during the campaign.