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Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

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Portuguese Economy Accelerated in Q1

Mai, 16 2017
watermark Economic news

Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its fastest pace in almost a decade during the three-month period of 2017. The Portuguese economy expanded by 2.8 percent versus the same period in 2016, it further escalated by 1.0 percent in the past quarter.

The GDP performance had exceeded the expected results due to stronger exports and better investments alongside the tourism industry.

According Filipe Garcia, chief of Informação de Mercados Financeiros, said that the positive growth is caused by broad setting of Europe, considering the lower interest rates, ECB’s bond-buying programme that helped lessen the country risk and mainly on the improvement of the Portuguese Republic, particularly the booming of tourism and real estate market.

The revenue of tourism in the country boost by more than 10 percent in 2016 and acquired a record of 12.6 billion euros.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.