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Ponta Delgada ,  September 05, 2017

GDP growth of 2% reveals stronger growth of regional economy

The Gross Domestic Product (GDP), an indicator that shows the evolution of the state of the economy and wealth production, registered a real growth of 2% in the Azores in the second quarter of this year, compared to the same period of 2016.
 
The data revealed today by the Regional Statistics Service (SREA) also demonstrates that consolidation of the recovery of the regional economy is also reflected on the behaviour of the monthly Economic Activity Indicator (IAE); the latter registered a growth rate of 2.3% compared to the previous months.
 
With the estimate now published, first quarter growth is also revised upwards, from 1.9% to 2.2%.
 
The consistent economic growth in the Azores represents more jobs and more wealth.


GaCS/VPGECE
 
 
 
 
 
   
 

Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

 
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