Bank of Portugal raises growth estimates for 2015 and 2016

• 2015 GDP now seen at 1.7% vs 1.5% prior
• 2016 1.9% vs 1.6% prior
• 2015 CPI 0.2% vs 0.7% prior
• 20161.1% vs 1.0% prior
• Says upward growth revision largely reflects expected increase in exports
• Says risks are balanced for economic growth and inflation