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In July 2021

Madeira’s economy slowed down but remained high

The Regional Indicator of Economic Activity (RIEA) indicates that, in July, the regional economic activity maintained a strong growth, although in a less pronounced way when compared to the previous month.

As mentioned in the first release of RIEA, in October 2017, its purpose is “to signal the behaviour of economic activity, namely concerning its direction and magnitude of fluctuations: whether it is in the positive or negative ground, accelerations, decelerations and the identification of turning points”. Therefore, its quantitative value assumes secondary importance, not being a substitute for the volume change of the Gross Domestic Product - determined with a more varied and complete set of statistical information - although there is a strong correlation between the two variables.

IRAE EN novo

 

Monthly Summary of Economic Indicators – July 2021

Together with the RIEA is published the Monthly Summary of Economic Indicators – July 2021, an instrument for monitoring the economic situation, which provides the most recent data on regional economic activity.

For more information, please click on:

 

International Statistical Cooperation

MAC14 20

International Statistical Cooperation

MAC14 20

Statistical Literacy

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Statistical Literacy

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