Portuguese economy shrinks official 0.4% in third quarter

14th November 2011, Comments 0 comments

The Portuguese economy shrank by 0.4 percent in the third quarter, after a flat performance in the second quarter, initial official data showed on Monday.

Output in the third quarter, on a 12-month comparison, fell by 1.7 percent, the national statistics institute Ine said.

© 2011 AFP

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