OECD predicts deceleration in Portugal’s economic recovery

New data has prompted the OECD to ‘anticipate a deceleration in the improvement of economic activity in Portugal’ reports Expresso. This “inflexion”, as it has been described, will continue for the next four to eight months, and is the opposite of what the OECD predicts for economies like Germany, France and even Italy – where it reports that monthly indicators point to a “moment of stable growth”.

Stable growth is also predicted in other world economies, including the US, Canada, Japan, China and Brazil.

Britain is reported to show indicators that point towards “firm growth” while Russia has seen its prospects reviewed downwards.