Lisbon, Portugal street

Portugal Industry August 2019

Portugal: Industrial sector contracts at sharper pace in August

Industrial activity deteriorated in August, with production contracting at a sharper pace of 4.8% in annual terms. This followed a 2.5% year-on-year drop in July. The downturn reflected a more marked decline in the supply of electricity, gas, steam and air conditioning, along with a faster fall in manufacturing output. These more than offset a notable rebound in mining and quarrying.

In seasonally-adjusted, month-on-month terms, industrial production fell 1.0% in August, contrasting a 4.6% expansion in July. Lastly, the annual average variation in industrial output inched down to minus 2.4% in August from minus 2.3% in July.

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