Portugal's industrial production shrank 1.6 percent from a year earlier in April 2019, following a downwardly revised 7.1 percent slump in the previous month. It was the smallest decline in industrial activity since December, as output fell much less for electricity, gas, steam and water supply (-9.4 percent vs -32 percent in March). Also, activity rebounded slightly for manufacturing (0.3 percent vs -1.4 percent), namely driven by production of pharmaceutical products (4.6% vs -3%); machinery and equipment (3.6% vs -0.9%); rubber & plastics (2.9% vs -6%) and metallurgical products (8.8% after being unchanged in March). In contrast, the mining sector contracted (-12.9 percent vs 12.4 percent). On a monthly basis, industrial activity rose 2.9 percent, the most since March 2018, reversing a downwardly revised 0.8 percent decline in the prior month. Industrial Production in Portugal averaged -0.99 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 -2.20 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 2.00 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.

Portugal Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-01 11:00 AM Industrial Production YoY -3% -1% 0.5%
2019-03-29 11:00 AM Industrial Production YoY -2.5% -3.3% -2.2%
2019-04-30 10:00 AM Industrial Production YoY -7.6% -2.1% -1.4%
2019-05-30 10:00 AM Industrial Production YoY -1.6% -7.1% -8%
2019-07-01 10:00 AM Industrial Production YoY -1.6% -2%
2019-07-30 10:00 AM Industrial Production YoY -2.2%
2019-08-30 10:00 AM Industrial Production YoY


Portugal Business Last Previous Highest Lowest Unit
Business Confidence 2.40 2.30 5.10 -4.00 Index Points [+]
Industrial Production -1.60 -7.10 10.10 -18.20 percent [+]
Industrial Production Mom 2.90 -0.80 6.40 -6.90 percent [+]
Manufacturing Production 0.30 -1.40 8.50 -22.30 percent [+]
Capacity Utilization 78.71 77.32 85.37 68.47 percent [+]
Changes in Inventories 488.30 290.21 531.75 -477.29 EUR Million [+]
Car Registrations 22724.00 21121.00 32914.00 5442.00 [+]
Leading Economic Index 2.30 2.10 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 -12.90 12.40 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 26000.00 26271.00 186996.00 806.00 Units [+]
Ease of Doing Business 34.00 29.00 48.00 23.00 [+]
Electricity Production 4001.00 3666.00 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 [+]


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. 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -7.10 10.10 -18.20 2005 - 2019 percent Monthly
SA, 2015=100




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 0.90 May/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -4.00 Apr/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


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