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Published on Wednesday, October 18, 2017

Portugal: growth picked up in 3Q17

The available data points to a slight pick-up in GDP growth in 3Q17 of around 0.5% QoQ, SWDA. This estimate is likely to result from new momentum in investment and the lively levels of both exports and tourism. However, these may be counteracted by a less bullish performance of private consumption and an uptick in imports.

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