Industrial production in Portugal rose 2.5 percent year-on-year in December of 2022, following a revised 0.2 percent drop in the previous month. Production rebounded for consumer goods (2.2 percent vs. -1.1 percent in November) while increasing faster for energy (17.4 percent vs. 8.2 percent). On the other hand, output remained unchanged for investment goods (at 4.8 percent). Compared to the previous month, industrial output jumped 4.1 percent. source: Statistics Portugal

Industrial Production in Portugal averaged -0.96 percent from 2005 until 2022, reaching an all time high of 37.20 percent in April of 2021 and a record low of -29.70 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 2023.

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.

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Portugal Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2023-01-02 11:00 AM Nov -0.3% -1.9% -1.9%
2023-01-31 11:00 AM Dec 2.5% -0.2% -1%
2023-03-01 11:00 AM Jan 2.5%


Related Last Previous Unit Reference
Business Confidence 1.40 1.20 points Jan 2023
Industrial Production Mom 4.10 3.80 percent Dec 2022
Industrial Production 2.50 -0.20 percent Dec 2022
Manufacturing Production 0.51 -0.26 percent Dec 2022
Capacity Utilization 81.15 82.04 percent Dec 2022
New Orders 112.60 111.00 points Dec 2013
Changes in Inventories -49.71 -45.33 EUR Million Sep 2022
Mining Production -12.15 3.62 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 -0.20 37.20 -29.70 2005 - 2022 percent Monthly
SA, WDA 2015=100

News Stream
Portugal Industrial Production Rebounds in December
Industrial production in Portugal rose 2.5 percent year-on-year in December of 2022, following a revised 0.2 percent drop in the previous month. Production rebounded for consumer goods (2.2 percent vs. -1.1 percent in November) while increasing faster for energy (17.4 percent vs. 8.2 percent). On the other hand, output remained unchanged for investment goods (at 4.8 percent). Compared to the previous month, industrial output jumped 4.1 percent.
2023-01-31
Portugal Industrial Production Declines for a Second Month
Industrial production in Portugal declined 0.3 percent year-on-year in November of 2022, following a revised 1.9 percent drop in the previous month. It marked the second consecutive monthly decline in factory output, although at a much softer pace, as production continued to fall for consumer goods (-1.2 percent vs. -3.9 percent in October) and intermediate goods (-5.6 percent vs. -3.7 percent). At the same time, output rose at a softer pace for investment goods (4.9 percent vs. 5.3 percent) while it advanced faster for energy (8.2 percent vs. 0.1 percent). Compared to the previous month, industrial output jumped 3.7 percent.
2023-01-02
Portugal Industrial Production Falls the Most in 8 Months
Industrial production in Portugal declined 2% year-on-year in October of 2022, the biggest drop since February, prompted by decreases in non durables (-1.7%), intermediate goods (-2%) and energy (-4.6%). On the other hand, production increased for durable (0.8%) and investment goods (0.7%). Compared to the previous month, industrial output shrank 1.8%.
2022-12-02