Portugal Industrial Activity Declines for 3rd Month

2026-09-01 10:09 By Larissa Caser 1 min. read

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.



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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.
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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.
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