Portugal Industry


Industrial output drops in June

In June, industrial production contracted 4.4% over the same month last year, which represents an improvement compared to the 6.7% drop observed in May. The monthly drop was driven by declines in manufacturing as well as in electricity, gas and water. Mining, on the other hand, expanded strongly over the same month last year. On a monthly basis, industrial production contracted 0.9% in seasonally and working-day adjusted terms, which contrasted the 4.2% expansion recorded in May. Despite the softer annual decline, the trend continues to point downwards, with the annual average variation in industrial production inching down from minus 4.4% in May to minus 4.5%.


Sample Report

Looking for forecasts related to Industry in Portugal? Download a sample report now.


Portugal Economic News

More news

Search form