Portugal's industrial production rose 3.3 percent from a year ago in December 2019, following an upwardly revised 0.4 percent increase in the previous month. It was the biggest gain since April 2018, as output grew much faster for utilities (18.4 percent vs 3.6 percent in November) and it rebounded for manufacturing (0.5 percent vs -0.3 percent). On the other hand, the mining sector continued to slow down (1.2 percent vs 3.1 percent). On a seasonally adjusted monthly basis, industrial production surged 2.8 percent, after decreasing 0.6 percent in the previous month. In the fourth quarter of 2019, industrial production grew 0.5 percent over a year ago.

Industrial Production in Portugal averaged -1.03 percent from 2005 until 2019, reaching an all time high of 10.10 percent in August of 2017 and a record low of -18.20 percent in January of 2009. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Portugal is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Portugal to stand at 1.20 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 1.60 percent in 2021, according to our econometric models.


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Portugal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
3.30 0.40 10.10 -18.20 2005 - 2019 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 11:00 AM Sep -5.2% -5.3% -4%
2019-11-29 11:00 AM Oct -2.4% -5.5% -4.6%
2019-12-30 11:00 AM Nov 0.2% -2.3% -3.4%
2020-01-30 11:00 AM Dec 3.3% 0.4% 0.7%
2020-03-02 11:00 AM Jan 3.3%
2020-03-30 11:00 AM Feb
2020-04-30 10:00 AM Mar 1.1%
2020-05-29 10:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Portugal Industrial Output Grow the Most in Over 1-1/2 Years
Portugal's industrial production rose 3.3 percent from a year ago in December 2019, following an upwardly revised 0.4 percent increase in the previous month. It was the biggest gain since April 2018, as output grew much faster for utilities (18.4 percent vs 3.6 percent in November) and it rebounded for manufacturing (0.5 percent vs -0.3 percent). On the other hand, the mining sector continued to slow down (1.2 percent vs 3.1 percent). On a seasonally adjusted monthly basis, industrial production surged 2.8 percent, after decreasing 0.6 percent in the previous month. In the fourth quarter of 2019, industrial production grew 0.5 percent over a year ago.
2020-01-30
Portugal Industrial Output Rebounds in November
Portugal's industrial production increased 0.2 percent from a year ago in November 2019, following a downwardly revised 2.3 percent decline in the previous month. It was the first gain in industrial activity since May, as output recovered in utilities (4 percent vs -2.7 percent) and it fell much less in manufacturing (-0.7 percent vs -2.4 percent). Meanwhile, the mining sector lost steam (3.5 percent vs 5.3 percent). On a monthly basis, industrial production shrank 0.6 percent after increasing 3 percent in the previous month.
2019-12-30
Portugal Industrial Output Falls for 5th Straight Month
Portugal's industrial production fell 2.4 percent from a year earlier in October 2019, following an upwardly revised 5.5 percent decline in the previous month. Output went down less in manufacturing (-2.4 percent compared to -3.7 percent in September); and utilities (-2.9 percent compared to -13.3 percent). Also, mining production rose 3.8 percent, rebounding from a 11.9 percent fall in September. On a monthly basis, industrial production went up 3 percent, after an upwardly revised 2.6 percent decline.
2019-11-29
Portugal Industrial Output Continues to Contract
Portugal's industrial production slumped 5.2 percent from a year earlier in September 2019, little-changed from a revised 5.3 percent contraction in the previous month, as output shrank for all sectors: manufacturing (-3.3 percent vs -2.5 percent in August); utilities (-13.3 percent vs -19.1 percent); and mining (-13.6 percent vs 14.0 percent). On a monthly basis, industrial production fell 2.3 percent, the same pace as in August.
2019-10-30

Portugal Industrial Production
In Portugal, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 93.9 percent of total production. The biggest segments within Manufacturing are: food products (13 percent of total production); coke, refined petroleum products and fuels (10 percent); motor vehicles, trailers and semi-trailers (9 percent); metal products, except machinery and equipment (7 percent); chemicals and synthetic or artificial fibers, except pharmaceuticals (5 percent); rubber and plastic products (5 percent); and paper products (5 percent). Electricity, gas, steam and air conditioning supply account for 5 percent of total output and water supply, sewerage and waste management account for 1 percent.