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Published on Thursday, July 20, 2017 | Updated on Thursday, July 20, 2017

Portugal: growth forecast for 2017 and 2018 raised

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Summary

Available data point to a stabilisation of GDP growth during 2Q17 at around 0.5% QoQ, SWDA1. This estimate is likely to be the result of the continued growth of private consumption and the positive contribution of both the construction sector and tourism.