In the October “Economic Bulletin”, presented this at the Money Museum, in Lisbon, the institution led by Mário Centeno cuts economic growth forecasts compared to June by 0.6 percentage points (pp.) for 2023 and 0.9 pp. for 2024.

The forecast from the Bank of Portugal (BdP), which is becoming the most pessimistic institution, continues to be above the Ministry of Finance's official forecast of 1.8% for this year, but the Government has already signalled that it could be revised on the rise in the State Budget for 2024 (OE2024).