IMF More Pessimistic than the Government: 2027 Brings More Inflation and Less Economic Growth in Portugal
6 Articles
6 Articles
The International Monetary Fund improved its projections for the growth of the Portuguese economy in 2026 and 2027, but they fall short of the government's forecasts.
The International Monetary Fund believes that Portugal will grow 2.1% this year and 1.9% next. World Economic Outlook forecasts, published in the morning of this Tuesday, represent a high-profile review compared to June, when the IMF last analysed the Portuguese economy: plus 0.4 percentage points in 2026, compared to the 1.7% forecast then, and 0.3 p.p. in 2027, compared to 1.6%. However, the monetary fund is less optimistic than the government…
The government anticipates an average inflation rate, measured by the HICP (Harmonized Index of Consumer Prices), of 2.9% this year, which is expected to decrease to 2.3% by 2027.
As for inflation in Portugal, the institution estimates that it will accelerate to 3.2% this year, then slowing to 3% in 2027
A few days after the government points to a growth of 2.1% and an inflation of 2.3% in 2027, the IMF projects that these indicators will be 1.9% and 3%, respectively.
The International Monetary Fund (IMF) has raised the growth of the Portuguese economy to 2.1% this year and 1.9% in 2027, but remains more pessimistic than the government, according to the World Economic Outlook released today.
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