Portugal economy grew 2.7pc in 2017, boosted by investment

28 Feb, 2018

The National Statistics Institute (INE) said in its second reading of fourth-quarter gross domestic product that the economy grew 2.4 percent year-on-year, the same as in the third quarter, bringing full-year expansion to 2.7 percent.

Yearly growth was propelled by domestic demand, which rose 2.9 percent and was boosted by a 8.4 percent jump in investment.

 

Copyright Reuters, 2018

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