Portugal’s industrial production fell 3.8% year-on-year in August 2026, marking the fourth consecutive month of contraction, following an upwardly revised 0.8% decline in July. Energy output declined further, falling 4.7% after a 1.3% decrease in July and extending its contraction to a sixth consecutive month. Consumer goods production also weakened, declining 2.6% after a 1.2% drop. Within this category, durable-goods output fell 6.6%, reversing an 8.6% increase, while non-durable goods declined 1.9%, although the pace of contraction eased from 2.9%. Capital-goods production plunged 12.1% after falling 2.9% in July. In contrast, intermediate-goods output continued to expand, although growth slowed to 0.6% from 0.8%. On a monthly basis, industrial production fell 2%, reversing a 0.4% increase in July. source: Statistics Portugal

Industrial Production in Portugal decreased 3.80 percent in August of 2026 over the same month in the previous year. Industrial Production in Portugal averaged -0.90 percent from 2005 until 2026, reaching an all time high of 41.60 percent in April of 2021 and a record low of -32.00 percent in April of 2020. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Industrial Production in Portugal decreased 3.80 percent in August of 2026 over the same month in the previous year. Industrial Production in Portugal is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Industrial Production is projected to trend around 1.50 percent in 2027 and 1.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 10:00 AM
Industrial Production YoY
Jul -1.4% -1.1% -1.6%
2026-10-01 10:00 AM
Industrial Production YoY
Aug -3.8% -0.8% -2.0%
2026-11-02 11:00 AM
Industrial Production YoY
Sep -3.8% -1.6%


Related Last Previous Unit Reference
Business Confidence 2.80 2.90 points Sep 2026
Capacity Utilization 82.20 83.00 percent Sep 2026
Changes in Inventories 186.30 280.80 EUR Million Jun 2026
Industrial Production YoY -3.80 -0.80 percent Aug 2026
Industrial Production MoM -2.00 -0.40 percent Aug 2026
Manufacturing Production -5.00 -1.90 percent Aug 2026
Mining Production 44.60 23.30 percent Aug 2026


Portugal Industrial Production
In Portugal, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 93.9 percent of total production. The biggest segments within Manufacturing are: food products (13 percent of total production); coke, refined petroleum products and fuels (10 percent); motor vehicles, trailers and semi-trailers (9 percent); metal products, except machinery and equipment (7 percent); chemicals and synthetic or artificial fibers, except pharmaceuticals (5 percent); rubber and plastic products (5 percent); and paper products (5 percent). Electricity, gas, steam and air conditioning supply account for 5 percent of total output and water supply, sewerage and waste management account for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -0.80 41.60 -32.00 2005 - 2026 percent Monthly
SA, WDA 2015=100

News Stream
Portugal Industrial Activity Contracts for 4th Month
Portugal’s industrial production fell 3.8% year-on-year in August 2026, marking the fourth consecutive month of contraction, following an upwardly revised 0.8% decline in July. Energy output declined further, falling 4.7% after a 1.3% decrease in July and extending its contraction to a sixth consecutive month. Consumer goods production also weakened, declining 2.6% after a 1.2% drop. Within this category, durable-goods output fell 6.6%, reversing an 8.6% increase, while non-durable goods declined 1.9%, although the pace of contraction eased from 2.9%. Capital-goods production plunged 12.1% after falling 2.9% in July. In contrast, intermediate-goods output continued to expand, although growth slowed to 0.6% from 0.8%. On a monthly basis, industrial production fell 2%, reversing a 0.4% increase in July.
2026-10-01
Portugal Industrial Activity Declines for 3rd Month
Portugal’s industrial production fell 1.4% year-on-year in July 2026, marking the third consecutive month of contraction, following a downwardly revised 1.1% decline in June. Energy output declined further by 1.2% following a 1% decrease in the prior month, while production growth of intermediate goods eased to 0.5% from 1.6%. Meanwhile, the decline in production of overall consumer goods eased slightly (-2.5% vs -2.7%), weighed down by a further decline in non-durable goods (-4.3% vs -2.9%) although durable goods rebounded strongly by 8.1% after a 1.3% drop. On a monthly basis, industrial production edged down 0.3%, easing from a downwardly revised 4.2% drop in June.
2026-09-01
Portugal Industrial Production Declines Again in June
Portugal’s industrial production fell 0.7% year-on-year in June 2026, following a revised 1.6% decline in May as the contraction in energy output eased sharply (-1.0% vs. -9.7%). However, production remained weak across most sectors, with declines in durable goods (-1.0%), non-durable goods (-2.5%), and capital goods (-2.9%). In contrast, intermediate goods output accelerated, rising 2.2% after a 0.9% increase in May. On a monthly basis, industrial activity dropped 3.8% in June, marking its largest decline in a year.
2026-07-31