India, May 30 -- Portugal's economic growth eased as initially estimated in the first quarter, while flash consumer price inflation rose somewhat in May, separate 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. That was in line with the flash data published on May 2.
The annual growth in domestic demand moderated slightly to 3.5 percent in the March quarter from 3.6 percent in the previous three-month period. The decline was due to a slower increase in private consumption, which grew 3.3 percent compared to 4.9 percent in the fourth quarter.
External demand continued to contribute negatively b...