Portugal's industrial production increased 0.2 percent from a year ago in November 2019, following a downwardly revised 2.3 percent decline in the previous month. It was the first gain in industrial activity since May, as output recovered in utilities (4 percent vs -2.7 percent) and it fell much less in manufacturing (-0.7 percent vs -2.4 percent). Meanwhile, the mining sector lost steam (3.5 percent vs 5.3 percent). On a monthly basis, industrial production shrank 0.6 percent after increasing 3 percent in the previous month.

Industrial Production in Portugal averaged -1.06 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. This page provides - Portugal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Portugal is expected to be 1.50 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 1.50 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 1.60 percent in 2020, according to our econometric models.


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Portugal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.20 -2.30 10.10 -18.20 2005 - 2019 percent Monthly
SA, 2015=100

Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 10:00 AM Aug -4.8% -2.4% -1.8%
2019-10-30 11:00 AM Sep -5.2% -5.3% -4%
2019-11-29 11:00 AM Oct -2.4% -5.5% -4.6%
2019-12-30 11:00 AM Nov 0.2% -2.3% -3.4%
2020-01-30 11:00 AM Dec 0.2% 0.7%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-11-29
Portugal Industrial Output Falls for 5th Straight Month
Portugal's industrial production fell 2.4 percent from a year earlier in October 2019, following an upwardly revised 5.5 percent decline in the previous month. Output went down less in manufacturing (-2.4 percent compared to -3.7 percent in September); and utilities (-2.9 percent compared to -13.3 percent). Also, mining production rose 3.8 percent, rebounding from a 11.9 percent fall in September. On a monthly basis, industrial production went up 3 percent, after an upwardly revised 2.6 percent decline.

2019-10-30
Portugal Industrial Output Continues to Contract
Portugal's industrial production slumped 5.2 percent from a year earlier in September 2019, little-changed from a revised 5.3 percent contraction in the previous month, as output shrank for all sectors: manufacturing (-3.3 percent vs -2.5 percent in August); utilities (-13.3 percent vs -19.1 percent); and mining (-13.6 percent vs 14.0 percent). On a monthly basis, industrial production fell 2.3 percent, the same pace as in August.

2019-09-30
Portugal Industrial Output Declines Further
Portugal's industrial production dropped 4.8 percent from a year earlier in August 2019, compared to a revised 2.4 percent contraction in the previous month as both utilities (-20.0 percent vs -11.6 percent) and manufacturing (-1.7 percent vs -0.4 percent) declined. By contrast, mining output jumped 15.9 percent, compared to a 1 percent decline in July. On a monthly basis, industrial output shrank 1 percent, after a 4.6 percent surge in July.

2019-08-30
Portugal Industrial Output Continues to Fall
Portugal's industrial production dropped 3.5 percent from a year earlier in July 2019, easing from a revised 5.5 percent contraction in the previous month, with energy output leading the declines (-11.6 percent vs -14.1 percent). In addition, production fell for consumer (-2.7 percent vs -6.7 percent) and intermediate goods (-0.6 percent vs -0.7 percent), while capital goods output was unchanged (vs -1.5 percent in June). On a monthly basis, industrial output jumped 3.5 percent, partially reversing a 4.7 percent decline in June.

2019-07-30
Portugal Industrial Output Falls for 8th Straight Month
Portugal's industrial production shrank by 5.8 percent in June 2019, marking the eighth consecutive month of contraction and following a downwardly revised 0.4 decline in the previous month. Output dropped for manufacturing (-3.7 percent vs 0.1 percent in May) and for electricity, gas, steam and water supply (-16.0 percent vs -3.0 percent). On the other hand, mining & quarrying production rebounded (6.2 percent vs -2.1 percent). On a monthly basis, industrial production declined 4.5 percent, following a 0.4 percent drop in the previous month.

2019-07-01
Portugal Industrial Output Falls the Least in 7 Months
Portugal's industrial production decreased 0.6 percent from a year earlier in May 2019, following a downwardly revised 1.4 percent fall in the previous month. It was the smallest decline in industrial activity since last October. Output shrank much less for electricity, gas, steam and water supply (-2.9 percent vs -9.4 percent in April) while it rebounded for mining (1.3 percent vs -13.5 percent). In contrast, manufacturing dropped 0.3 percent, after rising 0.6 percent in the prior month, namely on lower production of wood and cork products, except furniture (-8.5 percent vs -3.7 percent); pulp, paper & paperboard and articles thereof (-3.7 percent vs -1.1 percent) and electrical equipment (-19.1 percent vs -16.3 percent). On a monthly basis, industrial production went down 0.6 percent, compared to a downwardly revised 2.6 percent gain in the previous month.


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.

Portugal Business Last Previous Highest Lowest Unit
Business Confidence 2.10 2.10 5.10 -4.00 points [+]
Industrial Production 0.20 -2.30 10.10 -18.20 percent [+]
Industrial Production Mom -0.60 3.00 6.40 -6.90 percent [+]
Manufacturing Production -0.70 -2.40 8.50 -22.30 percent [+]
Capacity Utilization 77.63 81.38 85.37 68.47 percent [+]
Changes in Inventories 490.87 267.73 559.04 -745.04 EUR Million [+]
Car Registrations 17726.00 16400.00 32914.00 5442.00 [+]
Leading Economic Index 1.90 1.90 6.60 -3.90 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 3.50 5.30 80.80 -49.10 percent [+]
Competitiveness Index 70.45 70.20 70.45 4.37 Points [+]
Competitiveness Rank 34.00 34.00 51.00 33.00 [+]
Car Production 25857.00 25718.00 186996.00 806.00 Units [+]
Ease of Doing Business 39.00 34.00 48.00 23.00 [+]
Electricity Production 3687.00 4396.00 5942.00 2106.00 Gigawatt-hour [+]
Corruption Index 62.00 64.00 69.70 55.60 Points [+]
Corruption Rank 30.00 30.00 35.00 19.00 [+]