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The Portuguese economy grows 1.9% in the third quarter compared to 2023. Compared to the previous quarter, growth was 0.2%
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The Portuguese economy grows 1.9% in the third quarter compared to 2023. Compared to the previous quarter, growth was 0.2%
The Portuguese economy grew by 1.9% in the third quarter of this year, compared to the same period last year (year-on-year variation), according to preliminary data from the INE.
In the second quarter, GDP had grown by 1.6%, now accelerating growth in the quarter that covers the summer months (June to September), and in which the drop in the IRS began to be visible in salaries.
In terms of quarter-on-quarter growth, growth was 0.2%, maintaining the quarter-on-quarter growth of the previous quarter.
In Spain, growth was 3.4% year-on-year in the quarter and 0.8% quarter-on-quarter, the fifth consecutive quarter with growth rates equal to or greater than 0.7%.
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Good day.
We start this live blog here to follow national political and economic news. Today the debate begins on most of the State Budget proposal for 2025, which will be voted on tomorrow, with the commitment of the PS to make the document viable.
The debate is scheduled to begin at 3:00 p.m. in Parliament. Before and this morning, the INE will release the first reading of economic growth for the third quarter.
We have closed yesterday’s live blog in which we followed the parliamentary hearing of the Minister of Labor. You can recover it here.
Government available for a “structural increase in pensions” if there is budgetary slack
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Source: Observadora
