Industrial Production in Portugal decreased 4.40 percent in December of 2020 over the same month in the previous year. source: Statistics Portugal

Industrial Production in Portugal averaged -1.39 percent from 2005 until 2020, reaching an all time high of 10.10 percent in August of 2017 and a record low of -28.90 percent in April of 2020. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Industrial Production in Portugal is expected to be 6.10 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 5.10 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 2.60 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Portugal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -3.20 10.10 -28.90 2005 - 2020 percent Monthly
SA, 2015=100

Calendar GMT Actual Previous Consensus TEForecast
2020-11-02 11:00 AM Sep 2.9% 4.2% 3.8%
2020-12-02 11:00 AM Oct 0.1% 2.8%
2020-12-30 11:00 AM Nov -3.6% 0.4% 1.1%
2021-01-29 11:00 AM Dec -4.4% -3.2% -2.8%
2021-03-02 11:00 AM Jan -4.4%
2021-03-30 10:00 AM Feb
2021-04-30 10:00 AM Mar
2021-06-01 10:00 AM Apr

News Stream
Portugal Industrial Output Shrinks in November
Industrial production in Portugal fell 3.6 percent year-on-year in November of 2020, following an upwardly revised 0.4 percent increase in the previous month, halting three consecutive months of gains. Biggest donward contribution came from energy production (-10.3 percent vs 12.6 percent in October); capital goods (-8.2 percent vs -3.1 percent) and non-durable consumer goods (-2.9 percent vs -5.7 percent). Meanwhile, production went up for intermediate goods (1.1 percent vs -0.6 percent) and durable consumer goods (6.2 percent vs 14.1 percent). On a seasonally adjusted monthly basis, industrial activity declined 5 percent, after an upwardly revised 1.2 percent increase in the previous month.
Portugal Industrial Production Slows Sharply in October
Industrial production in Portugal edged up 0.1 percent year-on-year in October of 2020, following a downwardly revised 2.8 percent increase in the previous month. It is the smallest gain in 3 months, with production of energy (12.6 percent) and durable goods (13.1 percent) adding to gains. In contrast, the output for non-durables (-5.8 percent) and intermediate goods (-1.4 percent) decreased. On a monthly basis, industrial output went up 0.7 percent, following a 3.4 percent drop.
Portugal Industrial Output Growth Slows to 2.9% in September
Industrial production in Portugal rose 2.9 percent year-on-year in September of 2020, following an upwardly revised 4.2 percent increase in August, amid a slowdown in production of consumption goods (0.9 percent vs 3.5 percent). In addition, output shrank for capital goods (-5 percent vs -1.9 percent) and intermediate goods (-0.6 percent vs 3.1 percent). Meanwhile, energy production continued to grow solidly (21.3 percent vs 13.6 percent). On a monthly basis, industrial production declined 3.8 percent, for the first time since April, following a 10.4 percent surge in the previous month.
Industrial Output in Portugal Bounces Back
Industrial production in Portugal increased 3 percent year-on-year in August of 2020, the first gain since February. It also marks the biggest increase in industrial output so far this year, after big plunges from March to July due to the coronavirus crisis. Biggest upward contribution came from energy production (13.6 percent vs -11.3 percent in July), intermediate goods (2 percent vs -8.7 percent) and consumption goods (0.8 percent vs -5.1 percent). In contrast, production of capital goods continued to decline (-1.1 percent vs -14.3 percent). On a monthly basis, industrial production increased 10 percent, the third straight month of double digit gains.

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.