Flash Notes

8 de Março de 2023
Monthly Report | Economic and Financial Market Outlook | July 2022
  • Consumer prices are rising in the world’s major economies at rates not seen in several decades. In Portugal, the inflation rate remained above 8% in June, and is expected to remain at this level until the end of the year. What forced us to review our predictions: We now expect inflation to average around 7.1% by the end of the year, dropping to 3.2% in 2023. How did we get here? Is high inflation here to stay?