The forecast is contained in the March Economic Bulletin, published by the institution led by Mário Centeno, which is more optimistic than at the end of 2023.

The Bank of Portugal (BdP) now forecasts growth of 2% this year, 2.3% in 2025 and 2.2% in 2026, an improvement of 0.8 percentage points (pp.) in 2024 and 0 .2pp. in 2025–26 compared to the last bulletin.