Sep 10, 2010
| Last Updated
- Despite strong momentum in H1 2010, economic growth will decelerate significantly in the coming months due to slowing export growth and further declines in domestic demand.
- The outlook for private consumption remains weak in light of rising inflation, fading stimulus measures, tight credit conditions and high unemployment.
- Boosting economic growth through broad structural reforms remains the key to guaranteeing the sustainability of Portugal’s public finances.
Outlook Update: Moderate Growth in 2010, Renewed Economic Contraction in 2011
Following a strong start to the year, the[...]
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