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Portugal GDP Q3 2023

Portugal: GDP growth edges down in Q3

According to a preliminary reading, GDP growth ebbed to 0.4% on a seasonally adjusted quarter-on-quarter basis in the third quarter, from 0.7% in the second quarter.

On an annual basis, economic growth ebbed 2.4% in Q3, following the previous quarter’s 2.5% expansion.

Q3’s reading marked the slowest growth since Q1 2021.

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