Macro is doing well, thank you very much
As our title indicates and as we have shown in recent analyses, the main macroeconomic news concerning Portugal has been favourable. We would even go so far as to say that the future trend, if everything else remains unchanged (a brave assumption, given the very complex global political context we are living in), will be for improvement, as can be gauged by the direction of the scenario revisions of various institutions, the assessment of rating agencies, Portugal’s withdrawal from the so-called MIP (Macroeconomic Imbalance Procedure), and by analysing various indicators, of which in this publication we highlight the indebtedness of the business sector and households, and innovation indicators.