CIP maintains growth projection close to 2% in 2025

One of Portugal’s largest business and industry associations, the Business Confederation of Portugal (CIP) has forecast that Portugal’s growth is on track to hit 2% this year.

The organisation led by Armindo Monteiro said it would allow Portugal to stay ahead of competing Euro Zone economies in a year in which international trade suffered severely because of US tariff policies.

For this year, Armindo Monteiro foresees that investment will make a strong contribution, particularly recovery and resilience finds from Brussels

CIP’s monthly barometer for December maintains a growth forecast for 2025 from 1.8% to 1.9% of GDP, reflecting the Portuguese economy’s capacity to maintain the “signs of dynamism that characterised the third quarter” and the last three months of 2025.

SOURCE: CIP