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Global Economic Outlook

Portugal: September 2010 Outlook Update

By Katharina Jungen

  • Despite strong momentum in H1 2010, economic growth will decelerate significantly in the coming months due to slowing export growth and further declines in domestic demand.
  • The outlook for private consumption remains weak in light of rising inflation, fading stimulus measures, tight credit conditions and high unemployment.
  • Boosting…

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