Portugal: Economy expands modestly in Q4
February 12, 2016
In Q4, GDP recorded 0.2% growth over the previous quarter, according to a flash estimate released by Statistics Portugal on 12 February. The result came in above the flat reading tallied in Q3.
On an annual basis, GDP expanded 1.2% in Q4, which was slightly below Q3’s 1.4% rise and marked the lowest performance in a year. More detailed data are scheduled to be released on 29 February.
Author: Eric Denis , Economist