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.

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Portugal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.50 10.80 37.20 -29.70 2005 - 2021 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2021-06-01 10:00 AM Apr 36.9% 5.7% 34.2%
2021-06-30 10:00 AM May 27.1% 37.3% 32%
2021-08-02 10:00 AM Jun 10.4% 26.6% 15.1%
2021-08-31 10:00 AM Jul 0.5% 10.8% 6.5%
2021-09-30 10:00 AM Aug 0.5% -2.3%
2021-11-02 11:00 AM Sep
2021-11-30 11:00 AM Oct
2021-12-28 11:00 AM Nov


News Stream
Portugal Industrial Output Growth Slows Sharply
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.
2021-08-31
Portugal Industrial Production Rises at Strong Pace
Industrial production in Portugal surged 27.1 percent year-on-year in May of 2021, following a record 37.3 percent rise in the previous month, amid low base effects from last year when the coronavirus pandemic hit the economy hard. Double-digit increases were seen in production of durable goods (68 percent), nondurables (26.7 percent), intermediate goods (30 percent), energy (18.1 percent) and investment goods (23.5 percent). On a monthly basis, industrial output fell 4.5 percent.
2021-06-30
Portugal Industrial Output Growth Soars to Series High
Industrial production in Portugal soared by 36.9 percent year-on-year in April of 2021, following an upwardly revised 5.7 percent jump in the previous month. It is the highest industrial output growth ever, amid low base effects from last year’s pandemic outbreak. Industrial output plunged 29.7 percent in April of 2020. All industrial groups recorded sound increases in production: durable consumption goods (169.0 percent vs 50.9 percent in March); non-durable consumption goods (40.7 percent vs 0.1 percent); capital goods (72.0 percent vs 12.7 percent); intermediate goods (31.2 percent vs 7.3 percent) and at last energy production (11.1 percent vs 0.4 percent). On a seasonally adjusted monthly basis, industrial activity advanced 0.5 percent, after an upwardly revised 0.7 drop in March.
2021-06-01
Portugal Industrial Output Growth at 3-1/2-Year High
Industrial production in Portugal jumped 5.0 percent year-on-year in March of 2021, following an upwardly revised 2.8 percent fall in the previous month, as lockdown restriction started to be lifted after the immense surge in infections earlier this year. It was the highest growth rate since August of 2017, as output rebounded significantly for both intermediate goods (8.3 percent vs -2.8 percent in February), capital goods (7.6 percent vs -9.1 percent), and for consumption goods (3.5 percent vs -9.3 percent). Regarding the latter, it is relevant to distinguish that production increased greatly for durable goods (44.8 percent vs -4.2 percent), while for non-durables it has just flattened (-0.2 percent vs -9.9 percent). Lastly, energy production has stabilized after soaring in the previous month (0.3 percent vs 16.1 percent). On a seasonally adjusted monthly basis, industrial activity declined 0.9 percent, after a downwardly revised 1.1 increase in February.
2021-04-30

Portugal Industrial Production
In Portugal, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 93.9 percent of total production. The biggest segments within Manufacturing are: food products (13 percent of total production); coke, refined petroleum products and fuels (10 percent); motor vehicles, trailers and semi-trailers (9 percent); metal products, except machinery and equipment (7 percent); chemicals and synthetic or artificial fibers, except pharmaceuticals (5 percent); rubber and plastic products (5 percent); and paper products (5 percent). Electricity, gas, steam and air conditioning supply account for 5 percent of total output and water supply, sewerage and waste management account for 1 percent.