Industrial production · Portugal
Portugal Industrial Production MoM
The Portugal Industrial Production MoM measures the output of factories, mines and utilities in Portugal (or of one industry).
- Importancia
- Low
- Publicado
- Monthly
- Próxima publicación
- Divisa
- EUR · euro
- Banco central
- The European Central Bank (with the Banco de Portugal)
Últimas cifras
El último dato, de SEP, se publicó el 2026-11-02 y fue 2.4%. Es más que -2.2% la vez anterior (revisado).
En las últimas 12 publicaciones osciló entre -3.8% y 4.2%, con una media de -0.2%.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 2 Nov 2026 | SEP | 2.4% | – | -2.2% ® |
| 1 Oct 2026 | AUG | -2.0% | – | -0.4% ® |
| 1 Sep 2026 | JUL | -0.3% | – | -4.2% ® |
| 31 Jul 2026 | JUN | -3.8% | – | 1% ® |
| 1 Jul 2026 | MAY | 0.9% | – | -2.7% ® |
| 1 Jun 2026 | APR | -2.6% | – | 4.3% ® |
| 4 May 2026 | MAR | 3.2% | – | -0.3% ® |
| 31 Mar 2026 | FEB | -0.2% | – | 4.1% ® |
| 2 Mar 2026 | JAN | 4.2% | – | -2.2% ® |
| 2 Feb 2026 | DEC | -1.9% | – | -3.1% ® |
| 6 Jan 2026 | NOV | -3% | – | 0.8% ® |
| 3 Dec 2025 | OCT | 0.4% | – | 0.9% ® |
Por qué importa
Industry is a smaller share of output than services in most rich economies but it is far more cyclical and reacts first to global demand. Strong production supports growth estimates; capacity utilisation near its limits points to inflation pressure.
Cómo se calcula
Statistics Portugal (INE) combines physical output and deflated sales data for many industries into a volume index, adjusted for working days and seasons. Capacity utilisation divides output by estimated maximum output.
Change (mom) = index ÷ last month's index − 1
Capacity utilisation = output ÷ capacity × 100Qué significan los cambios
- Monthly changes are noisy (weather, holidays, strikes); compare with the year-on-year rate.
- In Germany, Japan, Korea and China industry carries more weight for the currency.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Una breve historia
The US Federal Reserve has published its industrial production index since 1919; it is one of the series used to date US business cycles.
Preguntas
What is the Portugal Industrial Production MoM?
The Portugal Industrial Production MoM measures the output of factories, mines and utilities in Portugal (or of one industry).
What was the latest Portugal Industrial Production MoM?
2.4% for SEP, published on 2 November 2026.
When is the next Portugal Industrial Production MoM?
On Wednesday 2 December 2026 at 11:00 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.