Portugal Industrial Production

Portugal's industrial production shrank by 5.8 percent in June 2019, marking the eighth consecutive month of contraction and following a downwardly revised 0.4 decline in the previous month. Output dropped for manufacturing (-3.7 percent vs 0.1 percent in May) and for electricity, gas, steam and water supply (-16.0 percent vs -3.0 percent). On the other hand, mining & quarrying production rebounded (6.2 percent vs -2.1 percent). On a monthly basis, industrial production declined 4.5 percent, following a 0.4 percent drop in the previous month. Industrial Production in Portugal averaged -1.01 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.

Industrial Production in Portugal is expected to be 0.50 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 1.90 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 1.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-04-30	10:00 AM	Industrial Production YoY Mar	-7.6%	-2.1%	-1.4%
2019-05-30	10:00 AM	Industrial Production YoY Apr	-1.6%	-7.1%	-8%
2019-07-01	10:00 AM	Industrial Production YoY May	-0.6%	-1.4%	-2%
2019-07-30	10:00 AM	Industrial Production YoY Jun	-5.8%	-0.4%	-2.2%
2019-08-30	10:00 AM	Industrial Production YoY Jul		-5.8%
2019-09-30	10:00 AM	Industrial Production YoY Aug
2019-10-30	11:00 AM	Industrial Production YoY Sep			0.5%

Portugal Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	2.30	2.40	5.10	-4.00	Index Points	[+]
Industrial Production	-5.80	-0.40	10.10	-18.20	percent	[+]
Industrial Production Mom	-4.50	-0.40	6.40	-6.90	percent	[+]
Manufacturing Production	-3.70	0.10	8.50	-22.30	percent	[+]
Capacity Utilization	81.38	78.71	85.37	68.47	percent	[+]
Changes in Inventories	488.30	290.21	531.75	-477.29	EUR Million	[+]
Car Registrations	25305.00	22724.00	32914.00	5442.00		[+]
Leading Economic Index	2.40	2.30	6.60	-4.00	percent	[+]
Internet Speed	12894.80	12576.03	13144.68	2346.55	KBps	[+]
IP Addresses	3662187.00	3687295.00	3757415.00	1150694.00	IP	[+]
Mining Production	6.20	-2.10	80.80	-49.10	percent	[+]
Competitiveness Index	70.20	69.67	70.20	4.37	Points	[+]
Competitiveness Rank	34.00	33.00	51.00	33.00		[+]
Car Production	23610.00	26844.00	186996.00	806.00	Units	[+]
Ease of Doing Business	34.00	29.00	48.00	23.00		[+]
Electricity Production	3872.00	4180.00	5942.00	2106.00	Gigawatt-hour	[+]
Corruption Index	64.00	63.00	69.70	55.60	Points	[+]
Corruption Rank	30.00	29.00	35.00	19.00		[+]

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. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Industrial Production - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-5.80	-0.40	10.10	-18.20	2005 - 2019	percent	Monthly	SA, 2015=100

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Country	Last		Previous	Range
Argentina	-6.90	Jun/19	-7	24.6 : -22.3	%
Australia	1.20	Mar/19	3	12.6 : -7.6	%
Brazil	-5.90	Jun/19	7.4	37.2 : -27.7	%
Canada	2.14	Apr/19	-0.01	10.26 : -14.52	%
China	4.80	Jul/19	6.3	29.4 : -21.1	%
Euro Area	-2.60	Jun/19	-0.8	9.7 : -21.4	%
France	0.00	Jun/19	3.9	12.1 : -19.5	%
Germany	-5.20	Jun/19	-4.4	15.3 : -21.8	%
India	2.00	Jun/19	4.6	19.9 : -7.2	%
Indonesia	2.60	May/19	8.2	34.5 : -25.4	%
Italy	-1.20	Jun/19	-0.6	17.5 : -26	%
Japan	-3.80	Jun/19	-2.1	30 : -37.2	%
Mexico	-2.91	Jun/19	-3.29	23.82 : -17.5	%
Netherlands	-1.90	Jun/19	-1.2	13.9 : -19.2	%
Russia	2.80	Jul/19	3.3	17.7 : -16.9	%
Saudi Arabia	1.40	Dec/18	2.34	25.87 : -24.93	%
Singapore	-6.90	Jun/19	-2	58.6 : -32.2	%
South Africa	-3.20	Jun/19	0.4	18.5 : -23.2	%
South Korea	-2.90	Jun/19	0.2	39.4 : -25.4	%
Spain	1.80	Jun/19	1.4	13.6 : -21.8	%
Switzerland	4.30	Mar/19	4.3	12.3 : -10.6	%
Turkey	-3.90	Jun/19	-1.3	27.3 : -21.2	%
United Kingdom	-0.60	Jun/19	0.5	22.7 : -11.9	%
United States	0.50	Jul/19	1.1	62 : -33.7	%