India, May 2 -- Portugal's economy expanded at a slower pace in the first quarter of 2025, while consumer price inflation rose somewhat in April, separate flash reports from Statistics Portugal showed on Friday.
Gross domestic product, or GDP, advanced 1.6 percent year-on-year in the March quarter, slower than the 2.8 percent rise in the fourth quarter.
The outcome in the March quarter was due to the moderation in the positive contribution of domestic demand as a result of the slowdown in private consumption.
Further, the negative contribution of net external demand to the GDP was more pronounced in the first quarter, reflecting the slowdown in exports of goods and services.
On a quarterly basis, the economy contracted 0.5 percent in th...