Portugal GDP growth âslighter higherâ than the Eurozone's
01 September 2018
Read this week's issue online exactly as it appears in print.Home Â» News Â» Portugal GDP growth âslighter higherâ than the Eurozoneâs Portugal GDP growth âslighter higherâ than the Eurozoneâs by TPN/Lusa, in News Â· 02-09-2018 08:33:00 Â· 0 Comments
Por tugalâs finance ministry said the countryâs Gross Domestic Product (GDP) growth was âslighter higherâ than the Eurozoneâs.
The countryâs National Statistics Institute also confirmed on Friday that the Portuguese economy had accelerated in the second quarter by 2.3% compared to the same period in 2017 and 0.5% month-on-month.
âGrowth of GDP was slightly higher than Europeâs and the eurozoneâs (2.2% year-on-year), enabling Portugal to continue its tendency of convergence with the European Union,â the finance ministry said in a statement.
The countryâs economy is growing in a context of a greater balance of external accounts and better management of public accounts, the finance ministry added.
01 September 2018
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