The European Commission estimated this Friday that the European Union's (EU) Gross Domestic Product (GDP) could grow by 0.4 to 0.6 percentage points less this year compared to previous forecasts due to the impact of the conflict in the Middle East. Our analysis suggests that EU growth in 2026 could be around 0.4 percentage points lower.
EU GDP growth to be 0.4 to 0.6 percentage points lower this year
Friday, 27 March 2026RSS
Context & Explainers
Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.
