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1. Portuguese Economy Keeps Pace as External Demand Bolsters Growth

Page created: Friday, 12 August 2016 14:26 GMT

Tags:
GDP   Gross Domestic Product   Q2 2016

Gross domestic product rose 0.2 percent in the three months through June, the Lisbon-based National Statistics Institute said in a preliminary report on Friday. That’s the same rate recorded in the previous two quarters. Economists expected an increase of 0.3 percent, the median of seven estimates in a Bloomberg survey showed. From a year earlier, the economy expanded 0.8 percent.