Portugal Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Portugal is expected to be 105.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Portugal to stand at 119.00 in 12 months time. In the long-term, the Portugal Wages in Manufacturing Index is projected to trend around 157.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Portugal Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 6.7 6.4 6.9 7.2 6.4 6
Employed Persons 4845 4850 4890 4910 4920 4990
Unemployed Persons 330 375 370 368 365 355
Part Time Employment 507 550 560 570 575 600
Full Time Employment 4367 4360 4380 4400 4420 4510
Employment Rate 55.1 54.7 54.8 54.9 55 55.9
Labor Force Participation Rate 59 59.7 59.8 59.9 60 60.1
Long Term Unemployment Rate 3.7 3.8 3.8 3.8 3.6 3.2
Youth Unemployment Rate 19.6 20.8 20.6 20.2 20 19
Labour Costs 95.5 96.7 107 102 97.4 108
Job Vacancies 12393 12100 10185 16100 14300 10412
Wages 1145 1240 1250 1280 1290 1410
Wage Growth 7.1 5.1 4.5 3.2 2.5 2.6
Wages in Manufacturing 119 105 145 109 119 157
Minimum Wages 677 677 677 700 700 720
Population 10.29 10.29 10.29 10.28 10.28 10.28
Retirement Age Women 66.33 66.33 66.33 66.42 66.42 66.5
Retirement Age Men 66.33 66.33 66.33 66.42 66.42 66.5
Unemployment Change -17779 -7500 -3700 -12100 -20500 -3200
Wages Low Skilled 615 650 650 700 700 750
Wages High Skilled 1360 1450 1450 1500 1500 1650
Productivity 98.8 110 103 99.7 104 104
Living Wage Family 870 890 890 1150 1150 1205
Living Wage Individual 595 650 650 700 700 850
Employment Change 1 0.6 0.7 0.6 0.5 0.5