Industrial Production in Portugal decreased 0.60 percent in November of 2019 over the previous month. Industrial Production Mom in Portugal averaged -0.08 percent from 2005 until 2019, reaching an all time high of 6.40 percent in May of 2006 and a record low of -6.90 percent in March of 2008.
Industrial Production Mom in Portugal is expected to be 0.30 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 -1.20 in 12 months time. In the long-term, the Portugal Industrial Production MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.