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Portugal's industrial output in February increased by 4.1% year-on-year, surpassing the European average

Portugal's industrial output in February increased by 4.1% year-on-year, surpassing the European average

Portugal's industrial output grew by 4.1% year-on-year in February, exceeding the European average. For the best immigration news, please visit the official WorldWay investment immigration website.

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According to data released by Eurostat, Portugal's2 month industrial output increased by4.1%, with the growth rate again exceeding the European average, where the Eurozone and the EU recorded growth rates of1.7% and2.1% respectively.

 

Since the second quarter of last year, the pace of economic recovery in Portugal has accelerated, with industrial output maintaining a growth trend for six consecutive months.2014 and2013 December respectively saw year-on-year growth of4.9% and5.8%. 

 

    Source: Ministry of Commerce website

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