Lisbon, Portugal street

Portugal Industry December 2018

Portugal: Contraction of industrial sector eases in December

Portugal’s industrial output fell for the eighth consecutive month in December, although the rate of contraction eased markedly. The industrial sector contracted 0.3% over the same month of the previous year in December, following a 3.1% year-on-year drop in November. Behind the improved print was an acceleration in the mining and quarrying sector and a reduced rate of decline in manufacturing output. An upturn in both countered the electricity, gas, steam and air conditioning sector’s swing to contraction in December, from expansion in November.

In seasonally-adjusted, month-on-month terms, industrial production rebounded in December, growing 1.1% over the previous month, contrasting a revised 2.9% month-on-month in November (previously reported: +2.4% month-on-month). Annual average growth in industrial output remained flat in December, matching November’s reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest