Responses from businessmen and associated managers of the January barometer of ACEGE, in a partnership with Jornal Económico, Rádio Renascença and Netsonda, reveal concern about the effects of Covid-19. But there are also signs of optimism regarding the evolution of their companies and the maintenance of jobs.
The year 2020 marked an abrupt drop in the growth rate of the Portuguese economy, due to the crisis caused by the pandemic, but 2021 should already be a recovery, even if gradual. The projections of the main national and international institutions vary between an expansion of 1,7% and 6,5% for the whole of this year, with different estimates for the various components of the GDP. Consumption and exports are expected to push for the recovery of an economy too penalized by the fall in tourism.
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Car sales in Portugal are inevitably marked by the Covid-19 pandemic that significantly reduced sales. The 'premium' brands gain ground compared to the 'traditional' ones. Meet the top 10 of the best selling car brands in Portugal.
The seven luxury car brands in Portugal together suffered a 20% drop in 2020 compared to 2019, according to ACAP data. Maserati, Jaguar and Lamborghini recorded declines in sales, with Porsche, Ferrari and Aston Martin seeing increases and Bentley remaining unchanged.
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