Activity indicators suggest that the economy remains resilient
The Bank of Portugal coincident indicators accelerated, in particular private consumption synthetic indicator accelerated to 3.0% yoy in November; and the EC’s economic sentiment indicators performed better than in Q3 months. For 2025, the economy is seen to remain resilient, driven by private consumption supported by strong gains in disposable income and robust labour market; investment that should accelerate taking advantage of the acceleration of RRP and news that a huge amount of investments have been contracted between AICEP (Agency for Investment and Foreign Trade of Portugal) and private companies.
BANCO BPI, S.A., com sede na Avenida da Boavista, 1117, 4100-129 Porto; Capital Social: € 1 293 063 324,98; matriculada na CRC Porto sob o número de matrícula PTIRNMJ 501 214 534, como o número de identificação fiscal 501 214 534. Intermediário financeiro registado na CMVM com o n° 300 e no Banco de Portugal sob o código n° 10. Agente de Seguros n.º 419527591, registado junto da Autoridade de Supervisão de Seguros e Fundos de Pensões em 21/01/2019, e autorizado a exercer atividade nos Ramos de Seguro Vida e Não Vida.