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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Industrial production accelerates by 1.2% in the 2nd quarter

The energy sector recorded the only positive growth rate, standing at 12.0%, compared to a decline of 6.9% in the first quarter, while consumer goods experienced the most significant negative monthly variation at 0.9%.

In June, the industrial production index showed a year-on-year variation of 2.9%, a decrease of 0.1 percentage points (p.p.) from the previous month.

The energy group provided the most influential contribution to the overall index variation (2.6 p.p.), driven by a growth rate of 20%.

The investment goods and consumer goods groups contributed 0.3 p.p. and 0.2 p.p., respectively, with year-on-year variations of 1.5% and 0.7%.

Intermediate goods contributed the only negative figure (-0.2 p.p.), resulting from a negative growth rate of 0.6%.

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