Portugal revises fourth-quarter GDP growth higher

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 28 (Reuters) - Portugal's economy grew 0.3% in the fourth quarter from the previous three-month period, the National Institute of Statistics (INE) said on Tuesday in an upward revision of its flash estimate of 0.2%. It also revised higher its year-on-year growth estimate in the period, to 3.2% from 3.1%. In 2022, Portugal's GDP grew by 6.7% in volume, the highest growth since 1987, after an expansion of 5.5% in 2021.

(Reporting by Matteo Allievi in Gdansk, editing by Andrei Khalip)

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