Portugal's economic activity advanced by 2.7 percent from a year earlier in August 2021, following a downwardly revised 2.6 percent expansion in the previous month. It was the fourth straight month of growth, as the Portuguese economy gradually recovers from the pandemic-induced shock. source: Banco de Portugal

Leading Economic Index in Portugal averaged 1.73 percent from 1978 until 2021, reaching an all time high of 6.60 percent in February of 1980 and a record low of -6.60 percent in June of 2020. This page provides - Portugal Economic Activity YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Economic Activity YoY - values, historical data and charts - was last updated on October of 2021.

Leading Economic Index in Portugal is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Economic Activity YoY is projected to trend around 3.60 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Portugal Economic Activity YoY

Portugal Last Unit Reference Previous Highest Lowest
Leading Economic Index 2.70 percent Aug/21 2.60 6.60 -6.60

Portugal Economic Activity YoY
In Portugal, economic activity year-on-year refers to the annual change of the coincident indicator for the Portuguese economy activity that includes eight major indicators: real GDP; retail sales volume (retail trade survey); sales of heavy commercial vehicles; cement sales; manufacturing production index; households’ financial situation (consumer survey); new job vacancies; and an external environment proxy.