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Tourists spend more than ever this summer in Portugal

Tourists spend more than ever this summer in Portugal

New data revealed by the Bank of Portugal shows that tourists spent more money than ever before this summer in Portugal.

The statistics are based on the amount of money spent and withdrawn with foreign bank cards in the months of July, August and September, which totalled nearly €1.6 billion.

The sum is described by the Bank of Portugal as a “historical maximum”. In fact, foreign spending has been increasing since 2015, the central bank adds.

Read more in the Algarve Resident