Whoa Portugal! Growth of 1.1pc qoq in Q2 2013. What explains it other than volatile exports?
— Megan Greene (@economistmeg) August 14, 2013
A question possibly also asked by others in Europe (and elsewhere)
The chart looks nice:
Now including Portugal RT @ReutersFlasseur: Wrap - Q2 GDP growth comparison #graphic http://t.co/ZvHHYuJcVz
— Vincent Flasseur (@ReutersFlasseur) August 14, 2013
Commissioner Rehn is happy , too:
Non self-congratulatory 'green shoots' blog from #Rehn here http://t.co/IBCpEce8PV HT @ecfin, but as always 'the devil is in the details':
— Shire Blogger (@Shireblogger) August 14, 2013
The less intense year-on-year reduction of GDP in the 2nd quarter was mainly driven by the less pronounced decrease of Investment, particularly in Construction, and to the significant acceleration of Exports of Goods and Services, partially due to the calendar effect associated to the Easter celebration (in 2012, it took place in April whereas in 2013 it occurred in March).source: Statistics Portugal (#FF)
Gross Domestic Product decreased 2.0% in real terms in the 2nd quarter 2013 http://t.co/F5FgQzwgWe
— INE Portugal (@pt_INE) August 14, 2013
Year-on-year change rate of Gross Domestic Product was -2.1% in volume http://t.co/zpOlHzjfEX
— INE Portugal (@pt_INE) September 6, 2013
P.S:
There is now a new Twitter handle for the people who fancy graphics
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