Portugal's economy expanded at a faster pace in the first quarter, while consumer price inflation rose to the highest level in more than two-and-a-half years, separate reports from Statistics Portugal showed on Thursday.
Gross domestic product, or GDP, advanced 2.3 percent year-on-year in the March quarter, faster than the 1.9 percent rise in the fourth quarter, a flash estimate revealed. Further, this was the biggest growth since the fourth quarter of 2024.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.