Flash Notes

23 de Fevereiro de 2026
Monthly Report | Economic and Financial Market Outlook | February 2026

Economic resilience in challenging times


The Portuguese economy ended 2025 with a solid growth of 1.9%, driven by domestic consumption and investment, demonstrating resilience while facing the uncertainties regarding the US trade policies. For 2026, the economic impact of the recent extreme weather events and geopolitical instability will require the use of budgetary leeway and European funds to maintain the expansionary trajectory.