Economy slows down in third quarter

The Portuguese economy lost speed in the third quarter, according to the CIP/ISEG Economic Climate Barometer released today, which predicts “the same trajectory” for the last quarter of the year, which “is worrying news”, writes Lusa. “To summarise, tourism receipts are slowing down. There is weak nominal growth in services turnover and contraction in industry, and “only cement consumption has improved”, according to the conclusions of the CIP/ISEG Barometer. Thus, the barometer “points to growth in the third quarter ‘between slightly positive and slightly negative’