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Economy · Funchal · 15 July 2026

Madeira's Regional Economy Accelerates for Third Consecutive Month in April 2026

Madeira's economic activity saw its third consecutive month of growth in April 2026, driven by tourism and other sectors.

Madeira's Regional Economy Accelerates for Third Consecutive Month in April 2026

Madeira's economy accelerated for the third consecutive month in April 2026, according to the Regional Economic Activity Indicator (IRAE) released by the Regional Directorate of Statistics of Madeira (DREM).

The positive performance was supported by various indicators, notably a 10.6% increase in tourism revenue, 4.8% in electricity production, 7.3% in port cargo movement, and 3.2% in airport passenger traffic.

In the labor market, registered unemployment fell by 4.9% and job offers increased by 5.6%. Investment also showed signs of recovery, with a 31.9% rise in licensed buildings and a 3.7% increase in cement sales. Overall inflation rose to 3.7% in April.

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