The European Union (EU) on Thursday raised this year’s growth forecast for Portugal.

The slightly improved set of numbers from the European Commission, the EU’s executive, predicted Portugal’s economy would grow by 1.6 percent in 2015 instead of 1.3 percent forecast in November.

In its Winter Forecast, the commission also raised its estimate for Portugal’s growth last year, from 0.9 percent to 1.0 percent.

Inflation in Portugal was projected to remain low because unemployment is still high and global oil prices have seen falls recently. Inflation should rise slightly from -0.2 percent in 2014 to 0.1 percent this year.

The European Commission added that Portugal’s unemployment rate is expected to decline from 14.2 percent last year to 13.4 percent in 2015.

The general Portuguese government deficit, forecast to have reached 4.6 percent of the gross domestic product in 2014, is expected to decline to 3.2 percent this year.

Overall, for the first time since 2007, the economies of all European Union Member States are expected to grow again this year, according to the European Commission’s Winter Forecast. Growth is forecast to rise to 1.7 percent for the EU.