Portugal’s economic output decreased in the first quarter of this year, after two quarters of growth, amid a resurgence in the [coronavirus][1] infections across Europe.
Gross domestic product decreased 3.3 percent year-on-year after a 0.2 percent increase in the fourth quarter of 2020, Statistics Portugal said Friday.
In the third quarter, the [economy][2] had grown 13.4 percent, nearly erasing the slump caused by the pandemic in the first two quarters of last year.
On a year-on-year basis, GDP decreased 5.4 percent in the first quarter of this year following a 6.1 percent fall in the previous three months.
The decline in economic output reflects the effects of the general confinement enacted earlier this year due to the deterioration of the COVID-19 pandemic, the statistical office said.
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