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Published on Tuesday, September 27, 2016 | Updated on Tuesday, September 27, 2016

Portugal: weak growth during 2Q16 and forecasts revised downwards

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Summary

The Portuguese economy grew by 0.3% QoQ in 2Q16, broadly in line with projections and fulfilling expectations of a slowdown in private consumption and a boost to exports. Available data allow us to envisage growth in 3T16 holding at around 0.3%.