Production: Industry: Total Industry Excluding Construction for Portugal
PRTPRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.53
Year-over-Year Change
44.53%
Date Range
1/1/1956 - 5/1/2025
Summary
The 'Production: Industry: Total Industry Excluding Construction for Portugal' trend measures the overall output of Portugal's industrial sector, excluding the construction industry. This metric is a key indicator of the health and productivity of the Portuguese economy.
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
This industrial production index tracks changes in the volume of goods produced by Portugal's manufacturing, mining, and utilities sectors over time. It is a widely-used gauge of the nation's broader economic activity and a critical input for policymakers and analysts assessing Portugal's economic performance.
Methodology
The data is collected through surveys of industrial firms and calculated as an index relative to a base year.
Historical Context
The industrial production index is closely monitored by the Bank of Portugal and other government agencies to inform macroeconomic policy decisions.
Key Facts
- The index uses 2015 as the base year (2015=100).
- Portugal's industrial production accounts for around 17% of its GDP.
- The data is released monthly by the Bank of Portugal.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Industry: Total Industry Excluding Construction for Portugal' trend measures the overall output of Portugal's industrial sector, excluding construction. It tracks changes in the volume of manufactured goods, mining, and utilities production.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a key indicator of Portugal's economic health and activity. It provides insight into the performance and productivity of the nation's core industrial base, which is a critical driver of broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated as an index relative to a base year, currently set at 2015.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Bank of Portugal and other government agencies to inform macroeconomic policy decisions, as it provides real-time insights into the state of the Portuguese economy.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Bank of Portugal, with minimal delays. However, the index may not fully capture certain types of economic activity, such as the service sector.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Portugal (PRTPRINTO01GYSAM), retrieved from FRED.