"This is good news for the Portuguese economy, for Portuguese families and for what we can expect from the year 2023", said Fernando Medina in statements to the Lusa agency, reacting to data released today by the National Institute of Statistics (INE) regarding the growth of Gross Domestic Product (GDP) from January to March (an increase of 2.5% year-on-year and 1.6% year-on-year) and the evolution of the Consumer Price Index (CPI, which fell from 5.7% in April to 4.0% in May).
Regarding GDP growth, the minister stressed that it is “the confirmation of the growth of the Portuguese economy driven, essentially, by exports : Exports of services, with emphasis on tourism, but also exports of goods, that is, Portuguese industry is showing a very significant capacity to advance in relation to its export markets and, with that, contributing to the increase of the wealth of our country”.