Portugal's industrial production stagnated in April 2026 compared to the same month a year earlier, marking a sharp deceleration from an upwardly revised 4.1% growth in March, primarily driven by a 17.2% plunge in energy output, attributed to a decline in electricity production. Excluding energy, industrial production growth slowed to 3.8% from 6.0%. Output growth also softened in other sectors: consumer goods (3.6% vs. 4.4% in March), intermediate goods (4.9% vs. 6.8%), and capital goods (2.1% vs. 7.3%). On a monthly basis, industrial activity declined 2.6% in April, following a revised 4.3% increase in March. source: Statistics Portugal

Industrial Production in Portugal decreased 0 percent in April of 2026 over the same month in the previous year. Industrial Production in Portugal averaged -0.89 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 June of 2026.

Industrial Production in Portugal decreased 0 percent in April of 2026 over the same month in the previous year. Industrial Production in Portugal is expected to be -0.80 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
2026-05-04 10:00 AM
Industrial Production YoY
Mar 3.2% -3.9% -3.6%
2026-06-01 10:00 AM
Industrial Production YoY
Apr 0.0% 4.1% 2.4%
2026-07-01 10:00 AM
Industrial Production YoY
May 0.0% 0.5%


Related Last Previous Unit Reference
Business Confidence 2.80 2.70 points Jun 2026
Capacity Utilization 83.00 83.30 percent Jun 2026
Changes in Inventories 294.76 -404.40 EUR Million Mar 2026
Industrial Production YoY 0.00 4.10 percent Apr 2026
Industrial Production MoM -2.60 4.30 percent Apr 2026
Manufacturing Production 2.80 5.20 percent Apr 2026
Mining Production 30.90 38.20 percent Apr 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
0.00 4.10 41.60 -32.00 2005 - 2026 percent Monthly
SA, WDA 2015=100

News Stream
Portugal Industrial Production Flat in April as Energy Output Plunges
Portugal's industrial production stagnated in April 2026 compared to the same month a year earlier, marking a sharp deceleration from an upwardly revised 4.1% growth in March, primarily driven by a 17.2% plunge in energy output, attributed to a decline in electricity production. Excluding energy, industrial production growth slowed to 3.8% from 6.0%. Output growth also softened in other sectors: consumer goods (3.6% vs. 4.4% in March), intermediate goods (4.9% vs. 6.8%), and capital goods (2.1% vs. 7.3%). On a monthly basis, industrial activity declined 2.6% in April, following a revised 4.3% increase in March.
2026-06-01
Portugal’s Industrial Output Growth Hits 7-Month High
Portugal’s industrial production rose 3.2% year-over-year in March 2026, rebounding from a revised 3.9% drop in February. This marks the fastest increase since August 2025, driven by gains in nearly all categories except energy. Consumer goods output climbed 3.6%, the first rise in four months, with durable goods up 4.3%, ending a 12-month decline, and non-durable goods up 3.4%. Intermediate goods surged 5.2% (after a 7.4% February fall), and capital goods jumped 6.4% following five months of declines. Energy output fell 4.6%, reversing double-digit growth from December to February. Month-over-month, production also rose 3.2%.
2026-05-04
Portugal Industrial Output Falls Sharply Following Storm
Industrial production in Portugal tumbled 4.4% year-on-year in February 2026, the biggest drop since March 2025, following a 0.4% rise in January. The decline reflects the impact of severe weather conditions that affected certain regions of the country, particularly Storm Kristin. The manufacturing sector tumbled 8.6%, the most since June 2020, after a 2.7% fall in January and energy output fell 4.3%, also the biggest tumble since 2020 and following a 1.8% rise. The mining sector also slowed (10.8% vs 41.7%) while utilities output increased more (20.4% vs 13.1%). Compared to the previous month, industrial production was down 0.2%.
2026-03-31