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Turnover in the industry rises 0.2% in June (less than in May)

The industrial turnover index saw a nominal year-on-year growth of 0.2% in June, following a 0.3% rise in May, the National Institute of Statistics (INE) reported today.

Excluding the energy sector, turnover increased by 1.7% (2.7% in May).

The index for domestic market sales accelerated by 1.8 percentage points to a growth of 3.1% in June, contributing 1.9 percentage points (0.8 percentage points in the previous month) to the total index variation.

Conversely, sales to the external market decreased by 4.5% (-1.3% in May), contributing -1.7 percentage points (-0.5 percentage points in the preceding month) to the total index variation.

According to INE, employment and wages in the industry showed year-on-year variations of -0.5% and 4.8% in June, compared to -0.3% and 6.1% in the previous month.

Considering the second quarter of this year, industrial sales recorded a year-on-year reduction of 1.0%, following a 0.5% growth in the previous quarter.

The monthly variation of the industrial turnover index stood at 0.8% in June (1.3% in May).

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