Portugal: Industrial production recovers in January
Latest reading: Industrial production rose 4.2% on a calendar and seasonally adjusted month-on-month basis in January, following a 2.2% fall in the prior month. January’s reading was the strongest since February 2025.
Relative to the prior month’s data, readings in January improved for manufacturing (+1.8% on a calendar and seasonally adjusted month-on-month basis vs -2.7% in December), electricity, gas, steam and air conditioning supply (+18.7% vs -1.6% in December) and mining and quarrying (+8.2% vs +7.8% in December).
In seasonally and calendar-adjusted year-on-year terms, industrial production rose 1.2% in January, following a 1.7% rise in the prior month.