Industrial production in Portugal decreased by a record 8.3 percent from a month earlier in March of 2020, following an upwardly revised 2.9 percent fall in the previous month.
Industrial Production Mom in Portugal averaged -0.12 percent from 2005 until 2020, reaching an all time high of 6.40 percent in May of 2006 and a record low of -8.30 percent in March of 2020. This page provides the latest reported value for - Portugal Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.
Industrial Production Mom in Portugal is expected to be -1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Portugal to stand at 0.50 in 12 months time. In the long-term, the Portugal Industrial Production MoM is projected to trend around 0.40 percent in 2021, according to our econometric models.