FX.co ★ Portugal Industrial Output Plunges in March

In March 2025, industrial production in Portugal decreased by 5.5% compared to the same period last year. This marks a significant turnaround from the revised 1.2% growth observed the previous month. Notable declines were seen across several sectors: consumer goods fell by 4.6% after a 4.4% increase, energy dropped by 10.5% compared to a previous decline of 3.7%, intermediate goods decreased by 3.3% following a 3.1% rise, and investment goods contracted by 5.4%, an increase from a prior decrease of 3.3%. When viewed on a monthly basis, industrial output diminished by 4% in March, which contrasts with the 4.7% growth recorded in February.