Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Portugal
PRTPROINDMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.95
Year-over-Year Change
3.52%
Date Range
1/1/1955 - 3/1/2024
Summary
This economic trend measures the production volume of the industrial sector in Portugal, excluding the construction industry. It provides insight into the overall level of economic activity and industrial output in the country.
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 Volume: Economic Activity: Industry (Except Construction) for Portugal tracks the monthly changes in industrial production, serving as an important indicator of the health and performance of the Portuguese economy. It is widely used by economists, policymakers, and analysts to assess the country's industrial and manufacturing landscape.
Methodology
The data is collected and calculated by the national statistical agency of Portugal.
Historical Context
This industrial production index is a key metric for evaluating economic policies and market trends in Portugal.
Key Facts
- Portugal's industrial production accounts for approximately 20% of its GDP.
- The index has a base year of 2015 = 100.
- Data is released on a monthly basis by the national statistical agency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the industrial sector in Portugal, excluding the construction industry. It provides an overview of the level of economic activity and industrial output in the country.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a key indicator of the health and performance of the Portuguese economy, and is widely used by economists, policymakers, and analysts to assess the country's manufacturing and industrial landscape.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the national statistical agency of Portugal.
Q: How is this trend used in economic policy?
A: This industrial production index is a crucial metric for evaluating economic policies and market trends in Portugal, as it provides insights into the country's overall level of economic activity and manufacturing output.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis by the national statistical agency, with minimal update delays.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Portugal (PRTPROINDMISMEI), retrieved from FRED.