Inflation in Portugal

Inflation in Portugal PDF Author: Mr. Kamil Dybczak
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
This paper examines recent trends, main drivers, and risks to near-term inflation in Portugal. Before the energy crisis, inflation in Portugal was low, often below the Euro Area average, but it accelerated quickly in the second half of 2022. Our estimated Phillips curve regression suggests that, similarly to other Euro Area countries, inflation in Portugal has been largely driven by food and external prices pressures. Inflation is projected to gradually decrease, reflecting receding energy prices and anchored inflation expectations. However, uncertainty remains high and inflation could remain elevated, especially if the inflationary process became backward looking or wage-inflation spirals are induced by pressures from energy prices.

Inflation in Portugal

Inflation in Portugal PDF Author: Mr. Kamil Dybczak
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
This paper examines recent trends, main drivers, and risks to near-term inflation in Portugal. Before the energy crisis, inflation in Portugal was low, often below the Euro Area average, but it accelerated quickly in the second half of 2022. Our estimated Phillips curve regression suggests that, similarly to other Euro Area countries, inflation in Portugal has been largely driven by food and external prices pressures. Inflation is projected to gradually decrease, reflecting receding energy prices and anchored inflation expectations. However, uncertainty remains high and inflation could remain elevated, especially if the inflationary process became backward looking or wage-inflation spirals are induced by pressures from energy prices.

From Crisis to Convergence

From Crisis to Convergence PDF Author: Mr.Dmitry Gershenson
Publisher: International Monetary Fund
ISBN: 147554832X
Category : Business & Economics
Languages : en
Pages : 123

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Book Description
In 2011, following years of large-scale external imbalances financed by debt, Portugal’s economy reached a crisis point. To restore economic growth and credibility with international lenders, the country embarked on a difficult path of fiscal adjustment and structural reforms. By many metrics, Portugal’s 2011–14 macroeconomic stabilization program has been a success, but going forward Portugal would benefit from policies to reduce vulnerabilities, absorb labor slack, and generate sustainable growth.

Inflation and the Personal Distribution on Fincome in Portugal

Inflation and the Personal Distribution on Fincome in Portugal PDF Author: J. H. Dos Santos
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Forecasting inflation through a bottom-up approach: the portuguese case

Forecasting inflation through a bottom-up approach: the portuguese case PDF Author: Cláudia Filipa Pires Duarte
Publisher:
ISBN: 9789729479724
Category :
Languages : en
Pages :

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Book Description


The Portuguese Economy in the Context of Economic, Financial and Monetary Integration

The Portuguese Economy in the Context of Economic, Financial and Monetary Integration PDF Author: Banco de Portugal. Economics and Research Department
Publisher:
ISBN: 9789898061997
Category : Eurozone
Languages : en
Pages : 545

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Book Description


Portugal

Portugal PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
Portugal: Selected Issues

Public Deficits and Inflation, Some More Results for Portugal

Public Deficits and Inflation, Some More Results for Portugal PDF Author: António Afonso
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper evaluates the existence of a relation between public deficits and inflation using quarterly data for Portugal. In theory, this link can be explained either through aggregate demand or via the monetization of the deficit. The results for the period 1978:2 1994:4 allow to accept the absence of effects of the government deficit upon the money supply or even upon the monetary base. It is, however, possible to validate the existence of a direct effect of the deficit on inflation.

Inflation Accounting and Its Policy Implications for Portugal's Public Enterprises

Inflation Accounting and Its Policy Implications for Portugal's Public Enterprises PDF Author: World Bank. Projects Policy Department
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description


Portugal

Portugal PDF Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484311299
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
This report discusses key issues related to the economy of Portugal. Highly accommodative macroeconomic conditions have generated only modest growth in the presence of remaining structural impediments. In 2015, low interest rates, a weak euro, and low oil prices remained largely in place, allowing growth to reach 1.5 percent. The 2016 budget proposal appears insufficiently ambitious to put public debt on a firmly downward trajectory, with significant risks to execution. Bank balance sheets need to be strengthened to avoid further negative surprises and protect taxpayers. Envisaged labor and product market policies imply at least a partial reversal of structural measures introduced during the IMF-supported program.

Portugal

Portugal PDF Author:
Publisher:
ISBN:
Category : Portugal
Languages : en
Pages : 12

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Book Description