Industrial production in Portugal decreased 26 percent year-on-year in May of 2020, following an upwardly revised 27.4 percent fall in April which was the lowest on record due to the coronavirus pandemic and subsequent lockdown. Output contracted less for capital goods (-30.9 percent vs -45.3 percent in April) and consumer goods (-27.9 percent vs -32.2 percent) but fell at a faster pace for intermediate goods (-23.4 percent vs -22.3 percent) and energy (-22.8 percent vs -12.4 percent). On a monthly basis, industrial production rose 2.5 percent, following a 19.3 percent plunge in April.

Industrial Production in Portugal averaged -1.31 percent from 2005 until 2020, reaching an all time high of 10.10 percent in August of 2017 and a record low of -27.40 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 July of 2020.

Industrial Production in Portugal is expected to be 1.40 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 1.20 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 1.60 percent in 2021, according to our econometric models.

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Portugal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-26.00 -27.40 10.10 -27.40 2005 - 2020 percent Monthly
SA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 10:00 AM Feb 1% 2.3% 1.5%
2020-04-30 10:00 AM Mar -7.2% 0.9% -3.7%
2020-06-01 10:00 AM Apr -25.9% -6.8% -19%
2020-06-30 10:00 AM May -26% -27.4% -18.8%
2020-07-30 10:00 AM Jun -26% 1.3%
2020-08-31 10:00 AM Jul
2020-09-30 10:00 AM Aug
2020-10-30 11:00 AM Sep 1.5%


News Stream
Portugal Industrial Production Shrinks for 3rd Month
Industrial production in Portugal decreased 26 percent year-on-year in May of 2020, following an upwardly revised 27.4 percent fall in April which was the lowest on record due to the coronavirus pandemic and subsequent lockdown. Output contracted less for capital goods (-30.9 percent vs -45.3 percent in April) and consumer goods (-27.9 percent vs -32.2 percent) but fell at a faster pace for intermediate goods (-23.4 percent vs -22.3 percent) and energy (-22.8 percent vs -12.4 percent). On a monthly basis, industrial production rose 2.5 percent, following a 19.3 percent plunge in April.
2020-06-30
Portugal Industrial Output Contracts at Record Pace
Industrial production in Portugal slumped 25.9 percent from a year earlier in April 2020, following a revised 6.8 percent drop in the previous month. That was the steepest decline in output since comparable records began in 2005, as many factories were forced to close due to the coronavirus pandemic. Output contracted for capital goods (-31.0 percent vs -17.6 percent), consumer goods (-22.5 percent vs -7.3 percent), intermediate goods (-12.3 percent vs -11.7 percent) and energy (-11.4 percent vs 7.1 percent). On a monthly basis, industrial output tumbled 18.2 percent, also the biggest fall on record.
2020-06-01
Portugal Industrial Output Falls the Most in Near 8 Years
Industrial production in Portugal declined 7.2 percent year-on-year in March of 2020, after a downwardly revised 0.9 percent rise in the previous month. It was the biggest drop in industrial activity since April of 2012, as output fell further for consumer goods (-8.2 percent vs -0.8 percent in February); capital goods (-19.9 percent vs -2.9 percent) and intermediate goods (-10 percent vs -0.7 percent). On the other hand, energy production rose faster (13.4 percent vs 12.5 percent). On a monthly basis, industrial production plunged 8.3 percent, following an upwardly revised 2.9 percent fall in February.
2020-04-30
Portugal Industrial Production Rises at Softer Pace
Portugal's industrial production growth slowed to 1.0 percent in February 2020 from an upwardly revised 2.3 percent in the previous month, amid slower increases in output for consumer goods (0.2 percent vs 1.5 percent) and energy (12.7 percent vs 14.7 percent) and declines in capital goods (-4.2 percent vs -3.1 percent) and intermediate goods (-0.8 percent, the same as in January). On a monthly basis, industrial production plunged 2.8 percent, after a 0.5 percent gain in January.
2020-03-30

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.