Production: Industry: Total Industry Excluding Construction for Portugal
PRINTO01PTA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
-118.83%
Date Range
1/1/1956 - 1/1/2024
Summary
The 'Production: Industry: Total Industry Excluding Construction for Portugal' metric measures the total industrial output in Portugal, excluding the construction sector. This important indicator provides insights into the overall health and productivity of the Portuguese manufacturing and industrial 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 Portuguese companies across various sectors, excluding construction. It is a key barometer of economic activity and a useful tool for analyzing industrial trends, forecasting economic growth, and informing policy decisions.
Methodology
The data is collected and calculated by the national statistical agency of Portugal.
Historical Context
Policymakers and market analysts closely monitor this industrial production index to assess the state of the Portuguese economy and make informed decisions.
Key Facts
- Portugal is a leading industrial economy in Europe.
- The industrial sector accounts for over a quarter of Portugal's GDP.
- Manufacturing is a key driver of economic growth in Portugal.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Industry: Total Industry Excluding Construction for Portugal' metric measures the overall volume of industrial production in Portugal, excluding the construction sector.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a crucial indicator of economic activity and helps policymakers and market analysts assess the health and performance of the Portuguese manufacturing and industrial sectors.
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: Policymakers and institutions closely monitor this industrial production index to inform decisions on economic policy, investment, and overall assessment of the Portuguese economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Portuguese statistical agency, but there may be some delays in reporting due to the nature of data collection and compilation.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Portugal (PRINTO01PTA657S), retrieved from FRED.