Production: Manufacturing: Total Manufacturing for Portugal
PRMNTO01PTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.14
Year-over-Year Change
-121.84%
Date Range
4/1/1955 - 1/1/2025
Summary
This economic trend measures total manufacturing production in Portugal, a key indicator of the country's industrial activity and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production: Manufacturing: Total Manufacturing for Portugal index tracks the volume of manufacturing output across various sectors in the Portuguese economy. It is a widely-used metric for assessing the performance and trends within the country's manufacturing industry.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as an index based on production volumes.
Historical Context
Policymakers and analysts closely monitor this indicator to gain insights into Portugal's economic conditions and competitiveness.
Key Facts
- Portugal is a major manufacturing hub in Europe.
- Manufacturing accounts for over 20% of Portugal's GDP.
- This index has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of manufacturing production in Portugal, covering a wide range of industrial sectors.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a crucial indicator of Portugal's economic performance and industrial competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as an index based on production volumes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of Portugal's manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Portugal (PRMNTO01PTQ657S), retrieved from FRED.