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Portuguese Market Insight: Winter Sales Delayed By Long Summer

Portugal’s economic situation is getting harder everyday with inflation rate reaching 10.2%, something that hasn’t happened since 1992. Retailers, brands and customers are dealing with a new reality trying to fight the ‘perfect storm’. By  Nuno Principe Despite all of this, there’s also good news in October with the latest Statistics Portugal report pointing out that the economy grew by 0.4% in the third quarter compared to the previous one and the GDP registered a year-on-year rate…

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