PortugalECONOMIC OUTLOOK

Last updated: 29th February 2012

"Portuguese consumer confidence is low while both manufacturers and the services sector are pessimistic about the future. Industrial production is sliding and investment prospects, particularly in construction, are down. Unemployment continues to rise and youth unemployment now stands at 30%."

Bryan Finn, Chief Economist, Business Economics Ltd

Major Macro Economic Indicators

20082009201020112012
Economic Growth (%) 0.0 -3.7 1.0 -1.7 -3.5
Inflation (%) 2.7 -0.9 1.3 3.0 3.1
Unemployment (%) 7.7 9.6 10.8 12.0 14.0
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Overall prospects for graduate employment: 29th February 2012