Industrial production in Portugal edged up 0.5% year-on-year in July of 2021, the smallest gain in the current sequence of 5 months of growth. Production declined for consumption goods (-6%) and energy (-1%) and slowed for intermediate goods (7.8%). In contrast, production rebounded for investment goods (1.7%). Compared to June, industrial output increased 3.4%, the biggest gain since August of 2020. source: Statistics Portugal
Industrial Production in Portugal averaged -0.98 percent from 2005 until 2021, reaching an all time high of 37.20 percent in April of 2021 and a record low of -29.70 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 September of 2021.
Industrial Production in Portugal is expected to be 4.20 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 3.80 percent in 2022 and 2.60 percent in 2023, according to our econometric models.