Portugal’s economic climate indicator, which measures business confidence, fell to 0.2 in August from 0.4 in July, its lowest reading since May 2006, the National Statistics Institute (INE) said on Thursday.

However, the consumer confidence indicator was at a negative reading of 45.3 in August, marking an improvement from minus 47.2 the previous month.

Source: http://www.afxnews.com

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