Portuguese Economy Grew Less Than Forecast in Second Quarter
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Portugal’s economy grew less than forecast in the three months through June.
Gross domestic product rose 0.4 percent from the first quarter, when it expanded at the same pace, the Lisbon-based National Statistics Institute said on its website today. Economists predicted a rise of 0.5 percent, according to the median of eight estimates in a Bloomberg survey. GDP rose 1.5 percent from a year earlier, a seventh increase.