Banco de Portugal expects to increase the safety margin to 5.8% in 2023 by Proteste Investe
Last December, the Bank of Portugal revised its survival forecasts upwards for 2022, pointing to 8.1%, a value above the Government’s expectations (7.4%), which was already exceeded after having reached the values around 10% in the last two months (in homologous).
For this new year, estimates were revised and increased to 5.8%, a figure above the State Budget forecasts, according to the December economic bulletin.
In the following years, the forecast for survival is for a continuation of the decline: in 2024 it should settle at 3.3%; and, in 2025, it will fall again, to 2.1%.
According to the Bank of Portugal bulletin, this gradual decrease reflects the reduction in the international price of energy, food and other raw materials, as well as the lower pressure on demand resulting from a more restrictive monetary policy.
These values represent an upward revision compared to the October bulletin, when the Bank of Portugal pointed to a margin of 7.8% for 2022; and, for 2023, the latest forecasts were for June, which pointed to 2.7%.
Lowering the butterfly rate and controlling it by raising interest rates is one of the priorities of Christine Lagarde, who has already warned that the attractions must continue to rise because the crest remains very high.
Know where to invest in times of high octopus.