Medina expects several months of inflation below 3%

Date:

Share post:

The minister of Finance, Fernando Medina, said today he expects several months in the second half of the year of inflation below 3%, highlighting also the expectation of reduction of the weight of public debt.

Fernando Medina was speaking at the opening session of the annual conference of the Securities Market Commission (CMVM), at the Gulbenkian Foundation in Lisbon, when he highlighted several times the improvement in the European Commission’s economic forecasts for Portugal, released last week.

“Inflation will slow down over the year 2023, with the European Commission and IMF projections now closer to those that the government had made,” he said.

“This means that we will already see throughout this year, particularly in the second half, several months of inflation below 3%,” considered Fernando Medina.

For the governor, this will be an “important evolution in relation to the stabilization of future expectations of families, companies and other economic agents.

Related articles

Price rises accelerate to 2.3% from February to March

The inflation rate will have been 2.3% in March, 0.2 percentage points more than in February, according to...

Oeiras marks 50 years since April 25 with concert by Pedro Abrunhosa, exhibitions and debates

Oeiras Town Hall will mark the 50th anniversary of April 25 with a concert by Pedro Abrunhosa, exhibitions,...

Saramago’s “The Night” on stage at the Estoril Academy of Arts

José Saramago's play "The Night", written in 1979 and set during the night of April 24-25, 1974, will...

DGArtes competition for programming projects supports 72 applications with 1.85ME

The Directorate-General for the Arts (DGArtes) will support 72 applications, in the competition to support projects in the...