Production: Manufacturing: Investment Goods: Total for Portugal
PRTPRMNVG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.56
Year-over-Year Change
-2.83%
Date Range
1/1/1985 - 11/1/2023
Summary
This economic trend tracks production of investment goods in the manufacturing sector of Portugal. It is a key indicator of business investment and economic growth.
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: Investment Goods: Total for Portugal' series measures the volume of manufactured investment goods produced in Portugal. It represents a major component of total industrial production and serves as a barometer for business investment activity and future economic expansion.
Methodology
This data is collected through surveys of manufacturing firms and calculated as an index by Portugal's national statistical agency.
Historical Context
Policymakers and analysts use this trend to assess the strength of Portugal's industrial base and investment climate.
Key Facts
- Portugal is a major industrial economy in the Eurozone.
- Investment goods production accounts for over 25% of Portugal's total manufacturing output.
- This index has shown steady growth since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the production volume of investment goods, such as machinery and equipment, within Portugal's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Investment goods production is a key indicator of business confidence and future economic growth, as it signals the level of capital expenditure by firms.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies in Portugal and calculated as an index by the country's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Portugal's industrial base and the broader investment climate, which informs decisions on fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately two months, so there may be delays in accessing the most recent information.
Related Trends
Harmonized Index of Consumer Prices: Insurance for Portugal
CP1250PTM086NEST
Bank's Net Interest Margin for Portugal
DDEI01PTA156NWDB
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Portugal
PRTCP110000IXNBM
Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Portugal
CP0118PTM086NEST
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Portugal
PRTCP030000IXNBM
Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Portugal
BCSPFT02PTM460S
Citation
U.S. Federal Reserve, Production: Manufacturing: Investment Goods: Total for Portugal (PRTPRMNVG01IXOBSAM), retrieved from FRED.