Bank of Portugal expects stronger growth in 2017

Exports expected to boost GDP growth to 2.5% in 2017, up from 1.5% in 2016

The Bank of Portugal
The Bank of Portugal
Rachael King

The quarterly economic bulletin published by the Bank of Portugal on October 4 foresees Portugal growing above the eurozone average, thanks to stronger exports.

The central bank expects GDP to expand by 2.5% in 2017, up from 1.5% in 2016. This rate is expected to be 0.3% higher than the eurozone average. Exports are predicted to outperform consumption and investment in boosting the economy. They should expand by 7.1% in 2017, the central bank says, up from 4.1% in 2016, while exports related to

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