OECD Economic Outlook, Volume 2019 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a series of focus notes on selected macroeconomic and structural issues, and a chapter summarising developments and providing projections for each individual country.
Portugal
Economic growth is projected to edge down to 1.7% by 2021. Consumption growth will soften due to lower wage growth. Export growth will be sustained by competitiveness gains despite challenging external conditions. The absorption of EU structural funds will sustain investment. Inflation is expected to remain low. Unemployment is projected to decline slightly.
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