Portugal: GDP growth accelerates slightly in Q2
August 14, 2015
In Q2, GDP expanded 0.5% over the previous quarter according to a flash estimate released by Statistics Portugal on 14 August. The result came in slightly above the 0.4% increase tallied in Q1 and marked the fifth consecutive quarter of growth as well as the fastest pace of expansion in a year.
On an annual basis, GDP expanded 1.5% in Q2, which mirrored Q1’s result. More detailed data are scheduled to be released on 29 August.
Author: Eric Denis , Economist