Industrial production in Portugal was down 2.4 percent year-on-year in February of 2021, following a downwardly revised 6.2 percent fall in January as the nationwide coronavirus lockdown continued. Production fell for nondurables (-10.7 percent), capital goods (-5.5 percent), intermediate goods (-3 percent) and durable goods (-1.9 percent). In contrast, production rose for energy (16.1 percent). On a seasonally adjusted monthly basis, industrial activity went up 1.2 percent, rebounding from a 1.1 percent fall in January. source: Statistics Portugal
Industrial Production in Portugal averaged -1.43 percent from 2005 until 2021, reaching an all time high of 10.10 percent in August of 2017 and a record low of -28.90 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 April of 2021.
Industrial Production in Portugal is expected to be 6.10 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 5.10 in 12 months time. In the long-term, the Portugal Industrial Production is projected to trend around 2.60 percent in 2022, according to our econometric models.