Portugal: growth could return to around 0.3% QoQ in 4Q16

Summary

The growth of the Portuguese economy during 3Q16 reached 0.8% QoQ1, with a surprise acceleration in the growth levels from the levels around 0.3% QoQ seen in the first half of the year. The foreign sector was the main cause of this growth, with a strong increase in exports and an unexpected decline in imports.

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