In May 2018

Economic growth in the Autonomous Region of Madeira has completed 5 years of continuous growth

The Regional Indicator of Economic Activity (RIEA) shows that, in the month of May 2018, the regional economic activity registered a new acceleration, maintaining the upward trend observed in April. It completes a cycle of 5 years of continuous growth, in which naturally there were periods of more intense growth (the maximum in that period was reached in November 2016) and times of acceleration and slowdown, as is characteristic of any economy.

GR IRAE Maio2018 EN

It should be noted that this indicator is a synthesis instrument whose objective is to facilitate the timely monitoring of the regional economy, in particular as regards to direction and magnitude of fluctuations, and does not present itself as a substitute for other official statistics, namely of annual rate of change of the Gross Domestic Product (GDP).

Monthly Economic Indicators – May 2018

Together with RIEA is published the Monthly Economic Indicators - May 2018, an instrument for monitoring the economic situation, which provides the most recent data on regional economic activity.


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