The European Commission said on 2 November it sees Portugal’s economy benefiting this year and next from a mild recovery in demand for exports and an uptick in domestic investment. In its autumn economic forecasts, the commission said it sees Portuguese gross domestic product falling 2.9% this year, less than its previous forecast of a 3.7% decline. In 2010, the economy should grow by 0.3%, revised up from the 0.8% fall estimated in May. Domestic demand is projected to essentially stagnate in 2010, mirroring a mild recovery of private consumption and still shrinking investment, the commission said in its latest report.