India, July 30 -- Portugal's economy expanded at a slightly faster pace in the second quarter on the back of private consumption, while consumers remained less pessimistic in July, separate reports from Statistics Portugal showed on Thursday.
Gross domestic product, or GDP, advanced 2.5 percent year-on-year in the June quarter, faster than the 2.4 percent rise in the March quarter, flash data said.
On the expenditure side, the positive contribution of domestic demand to the annual rate of GDP decreased due to the slowdown of investment, while private consumption accelerated. External demand contributed negatively as exports of goods and services accelerated more intensely than imports of goods and services.
For comments and feedback cont...