Published on Monday, October 1, 2018 | Updated on Monday, October 1, 2018

Portugal | Growth is upheld, but there are signs of a slowdown

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.

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