In July 2019

Madeira’s economy accelerated

The Regional Indicator of Economic Activity (RIEA) indicates that the regional economic maintained a positive growth in the month of July, showing signs of economic acceleration when compared to the previous month.

 GR IRAE Jul 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 – July 2019

Together with RIEA is published the Monthly Economic Indicators – July 2019, an instrument for monitoring the economic situation, which provides the most recent data on regional economic activity.