The number of overnight stays in tourist accommodation in the Azores has declined for 12 consecutive months compared to the same period in the previous year.
This update is from Bica
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Read today’s briefingThe National Health Service (SNS) is projected to reach a deficit of 2.679 billion euros by 2027, more than double the estimate for 2026. Spending on goods and services, which had an initial goal of a 10% reduction this year, instead increased by 9.3% and is expected to continue rising.
Portugal's Gross Domestic Product grew by 0.2% in the third quarter of 2026, according to preliminary estimates from the National Statistics Institute (INE).
A European Central Bank survey of 64 large non-financial companies found that 40% now anticipate inflation will lead to higher wage demands, up from 20% in the previous survey. While wage growth is expected to slow from 3.2% in 2025 to 2.9% by 2027, this deceleration is less pronounced than previously forecasted due to economic conditions.