SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dalroi who wrote (99089)3/11/2013 1:50:50 PM
From: elmatador  Read Replies (1) of 217596
 
Portugal´s GDP fell 3.2% in 2012; Greece's economy shrank by 6.4%


By Finfacts Team
Mar 11, 2013 - 3:20 PM


Portugal's GDP
In 2012, Portugal's gross domestic product (GDP) fell 3.2% in volume or real terms, after a dip 1.6% in 2011. For the full year of 2012, Greece's economy shrank by about 6.4% after a 7.1% contraction in 2011.

The National Statistics Institute of Portugal reported today that the sharper decline of GDP was driven by the reduction of the positive contribution of net exports due to the deceleration of exports of goods and services, and by the weaker domestic demand, reflecting the more intense reduction of private consumption.

The annual contraction of 3.2% was the second-biggest since a recession in 1975.

Exports of goods and services registered a change rate of 3.3% in volume, after the growth of 7.2% in 2011. Imports of goods and services fell 6.9% in volume in 2012
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News