The Portuguese economy slowed down in the third quarter

The Portuguese economy slowed down in the third quarter, with a year-on-year growth of 2.4% and a quarter-on-quarter increase of 0.2%, according to a rapid estimate from INE. In the previous quarter, the year-on-year growth was 2.6% and the quarter-on-quarter variation was 0.9%. The government expects economic growth to reach 2.3% in 2026, slowing to 2.1% in 2027. Various forecasts indicate a slowdown, with estimates ranging from 0.3% to 0.5% for quarter-on-quarter growth and 2.2% to 2.5% for year-on-year growth.