Portugal | Growth is upheld, but there are signs of a slowdown
Published on Monday, October 1, 2018 | Updated on Monday, October 1, 2018
Portugal | Growth is upheld, but there are signs of a slowdown
Summary
Portuguese GDP grew 0.6% t/t in 2Q18, mainly due to the increase in gross capital formation and the improvement in the external sector, and despite the low growth of domestic final consumption. Based on the indicators available so far, BBVA Research estimates that growth in 3Q18 will be approximately 0.3% QoQ SWDA.
Geographies
- Geography Tags
- Portugal
Topics
- Topic Tags
- Employment
- Macroeconomic Analysis
Authors
Angie Suárez
BBVA Research - Economist