Quarterly National Accounts, Q3 2017 (flash estimate), INE

Page created: Tuesday, 14 November 2017 11:02GMT

Press Release:  14 November 2017 - 3 Page(s)
GDP   Income  INE  Macroeconomic Environment  Q3

The Portuguese Gross Domestic Product (GDP) increased by 2.5% in volume in the third quarter 2017, compared with the same period of 2016 (3.0% in the previous quarter). The positive contribution of domestic demand increased, reflecting the acceleration of private consumption, while Investment decelerated. Net external demand registered a negative contribution, conversely to what was observed in the former quarter, due to a less pronounced increase of Exports of Goods and Services and the acceleration of Imports of Goods and Services.