The European Commission has revised upwards by 0.3 percentage points (p.p.) the economic growth expected for Portugal this year, to 5.8%, but also the country’s inflation rate, rising to 4.4% in 2022.

“We have good news for Portugal. The European Commission's forecasts are usually more conservative than those of the Government, but in this case they are not. In fact, it is a good sign that we are growing in a sustained way and that unemployment is also decreasing in a sustained way”, said António Costa.

The prime minister stressed that Portugal is currently “the country in the European Union that is growing the most and where inflation, fortunately, is lower”.

“We must continue to work to control inflation, which is the greatest threat we face, to value employment and encourage this dynamic growth,” he added.