Flash Notes

Good 2023. What about 2024?

• Everything pointed to 2023 being a difficult year for the European economies and the Portuguese economy in particular. At the beginning of the year, BPI Research forecasted a growth of 0.5%, similar to the consensus of analysts, and highlighted the risks of a slowdown in the scenario. In the end, the Portuguese economy closed 2023 with growth of 2.3%, much higher than expected.