KNOWLEDGE | Previsões Económicas do NECEP para 2020

It is with great pleasure that we invite you to participate in the next Knowledge@CatolicaLisbon Digital Conference, which will take place on 13 October at 5pm, with the analysis of the most current estimates for the Portuguese Economy for the third quarter of 2020.

On the 7th of October, the NECEP | CatolicaLisbon Forecasting Lab published its quarterly analysis of the Portuguese Economy. The estimates, based on the latest data up to October 6th, is a decrease of 12.5% for the 3rd trimester GDP in comparison with the same quarter of 2019. Our NECEP economists maintain their central forecast issued in March of a decrease of GDP in 2020 of 10% due to the pandemic, with a likely interval between 9% and 12%. Recovery for next year is expected to be mild, with an expected growth of 2.5% to 3%This is more pessimistic than the recent official forecasts from the Government and the Bank of Portugal, but NECEP has an outstanding (and global award winning) track record of forecasting the Portuguese GDP.

At this conference, Professor João Borges de Assunção will share his data, analysis and forecasts, fulfilling CATÓLICA-LISBON's responsibility of providing relevant knowledge and insights to business leaders.

Watch the conference live on the CATÓLICA-LISBON's Facebook page.