Economics

Portugal’s GDP Expands for a Fifth Quarter on Consumer Spending

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Portugal’s gross domestic product expanded for a fifth quarter in the three months through June as household spending increased.

GDP rose 0.4 percent from the first quarter, when it expanded at the same pace, the Lisbon-based National Statistics Institute said on its website today. That matches a preliminary report on Aug. 14. GDP rose 1.5 percent from a year earlier, a seventh increase.