Imports G&S in Portugal

Portugal - Imports Goods and Services
GDP contracts in the second quarter
According to a preliminary estimate, GDP shrank 0.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, contrasting the 2.5% increase recorded in the first quarter.
Although a full breakdown is not yet available, the flash estimate reported that the downturn was due to a detraction from domestic demand. In contrast, the contribution from external demand was positive.
On an annual basis, economic growth lost steam, falling to 6.9% in Q2 following the previous quarter's 11.8% expansion.
FocusEconomics Consensus Forecast panelists see GDP climbing 4.9% in 2022, which is down 0.1 percentage points from last month’s forecast. In 2023, the economy is seen growing 2.4%.
Portugal - Imports G&S Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Imports (G&S, annual variation in %) | 8.0 | 5.0 | 8.1 | 5.7 | 5.3 |
Portugal Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.45 | -1.90 % | Jan 01 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Portugal: Consumer sentiment strengthens while business confidence weakens in July
August 12, 2022
Consumer confidence rose to minus 31.1 in July, up from minus 32.5 in June.
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Portugal: Industrial output growth accelerates in June
August 12, 2022
Industrial output rose 3.7% year-on-year in seasonally-adjusted terms in June, which followed May's 3.0% increase.
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Portugal: GDP contracts in the second quarter
July 29, 2022
According to a preliminary estimate, GDP shrank 0.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, contrasting the 2.5% increase recorded in the first quarter.
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Portugal: Industrial output rebounds in May
July 21, 2022
Industrial output rose 3.0% year-on-year in seasonally-adjusted terms in May, which contrasted April's 1.3% decrease.
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Portugal: Consumer and business sentiment weaken in June
July 21, 2022
Consumer confidence fell to minus 32.5 in June, down from minus 30.1 in May.