Industry in Portugal
Portugal - Industry
Industrial production contracts for the fourth consecutive month in August
Industrial production dipped 2.9% over the same month of last year in August, following a revised 1.3% year-on-year decline in July (previously reported: -1.7% year-on-year). The sharper drop was broad-based across sectors: Manufacturing output fell for the fourth consecutive month; the electricity, gas, steam and air conditioning supply sector contracted again; and production in mining and quarrying declined after four successive months of expansion.
In seasonally-adjusted, month-on-month terms, industrial production increased 2.7% in July following a revised 1.1% rise in July (previously reported: +0.7% month-on-month). Annual average growth in industrial production dropped to a near three-year low of 1.3% in August from 2.3% in July.
FocusEconomics Consensus Forecast panelists expect industrial production to increase 1.6% in 2018, which is down 0.3 percentage points from last month’s estimate. For 2019, the panel sees it rising 2.2%, unchanged from last month’s estimate.
Portugal - Industry Data
|Industrial Production (annual variation in %)||0.5||1.4||2.1||2.3||3.9|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Industry Chart
Source: Statistics Portugal (INE).
|Bond Yield||2.04||-1.90 %||Oct 18|
|Exchange Rate||1.15||0.65 %||Oct 18|
|Stock Market||5,060||-0.02 %||Oct 18|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
September 28, 2018
Industrial production dipped 2.9% over the same month of last year in August, following a revised 1.3% year-on-year decline in July (previously reported: -1.7% year-on-year).
September 27, 2018
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 27 September, consumer confidence deteriorated marginally and remained entrenched in negative territory.
August 31, 2018
Detailed national accounts data, released by the Statistical Institute on 31 August, confirmed that the economy picked up slightly in the second quarter of 2018.
Portugal: Consumer confidence remains in pessimistic territory, while economic sentiment stabilizes in August
August 30, 2018
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 30 August, consumer confidence showed marginal improvement but remained entrenched in negative territory.
August 30, 2018
Industrial production contracted 1.7% over the same month of last year in July, following a revised 0.2 % year-on-year decline in June (previously reported: -0.9% year-on-year).