Industry in Portugal

Portugal - Industry
Industrial outputs plunges at sharpest rate in almost eight years in March
Industrial production dived 7.2% in March over the same month of the previous year, contrasting the revised 0.9% rise in February (previously reported: +1.0% year-on-year) and marking the sharpest contraction in output since April 2012. The downturn was primarily driven by a steeper fall in the manufacturing sector, while mining activity also contracted in the month.
In seasonally-adjusted month-on-month terms, industrial production plummeted 8.3% in March, following February’s 2.9% downturn, and marking the worst result since records began in 2010. Lastly, the annual average variation in industrial output fell 1.8% in March, unchanged from the previous month.
FocusEconomics Consensus Forecast panelists project industrial production to contract 6.0% in 2020, which is down 7.6 percentage points from last month’s estimate, with output expanding 3.1% in 2021.
Portugal - Industry Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Industrial Production (annual variation in %) | 2.1 | 2.3 | 3.9 | 0.1 | -2.3 |
Portugal Industry Chart

Source: Statistics Portugal (INE).
Portugal Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.45 | -1.90 % | Jan 01 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Portugal: Industrial output rebounds in March
May 5, 2022
Industrial output increased 0.5% year-on-year in seasonally-adjusted terms in March (February: -4.1% s.a.
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Portugal: GDP growth accelerates in the first quarter of this year
May 2, 2022
According to a preliminary estimate, GDP growth accelerated to 2.6% on a seasonally-adjusted quarter-on-quarter basis in the first quarter of this year, from 1.7% in the last quarter of 2021.
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Portugal: Consumer sentiment and economic climate improve marginally in April
April 28, 2022
Consumer confidence improved to minus 32.9 in April, up from minus 34.1 in March.
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Portugal: Industrial output deteriorates in February
April 4, 2022
Industrial output declined 4.3% year-on-year in seasonally-adjusted terms in February, which followed January's 3.4% decrease.
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Portugal: Consumer sentiment tanks, economic climate broadly stable in March
April 4, 2022
Consumer confidence collapsed to minus 34.1 in March, down from minus 14.5 in February.