Portugal’s Industrial Production Accelerates in December

2026-02-02 11:30 By Joana Ferreira 1 min. read

Portugal’s industrial production growth accelerated to 2.3% year-on-year in December 2025, up from 0.3% in November, marking the strongest pace in three months.

Energy output surged 19.0%, reversing two months of declines, while durable consumer goods rose 0.3%, ending a nine-month contraction.

Growth slowed for non-durable consumer goods (0.3% vs 1.6% in November) and intermediate goods (2.5% vs 2.8%), and capital goods output fell for a third consecutive month (-4.9% vs -2.1%).

On a monthly basis, industrial production declined 1.9% in December, following a 3.1% drop in November.



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Portugal’s Industrial Production Accelerates in December
Portugal’s industrial production growth accelerated to 2.3% year-on-year in December 2025, up from 0.3% in November, marking the strongest pace in three months. Energy output surged 19.0%, reversing two months of declines, while durable consumer goods rose 0.3%, ending a nine-month contraction. Growth slowed for non-durable consumer goods (0.3% vs 1.6% in November) and intermediate goods (2.5% vs 2.8%), and capital goods output fell for a third consecutive month (-4.9% vs -2.1%). On a monthly basis, industrial production declined 1.9% in December, following a 3.1% drop in November.
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