Portugal’s economy fastest growing in EU in Q1 at 11.9% YoY
According to a release from the bloc's statistical office, Portugal in the first quarter enjoyed the strongest year-on-year growth in gross domestic product in among European Union member.
Portugal in the first quarter enjoyed the strongest year-on-year growth in gross domestic product in among European Union member states, at 11.9%, while the EU as a whole saw 5.2% growth and the euro zone 5.1%, according to a release from the bloc’s statistical office, Eurostat, on Tuesday.
In the previous quarter, EU growth had been 4.9% and in the euro zone 4.7%.
In terms of quarter-on-quarter growth, GDP in the EU grew by 0.4% and in the euro zone by 0.3%.
In the final quarter of last year, GDP growth in the EU had been 0.5% and in the euro zone 0.3%.
