Summary
The year-on-year change in the Portuguese Gross Domestic Product (GDP) was 0.1% in real terms in the first quarter of 2005, decelerating from the previous period (0.5%). The contribution of net external demand to GDP growth continued to be unfavourable, in spite of a small deceleration of imports of goods and services. Domestic demand grew by 2.0% in volume, also decelerating from the previous quarter.