Portugal with the second biggest monthly decline in industrial production in September

Industrial production accelerated in September, 5.2% in the euro zone and 5.0% in the EU compared to the same month in 2020, with Portugal recording the second biggest decline (-4.8%) among member states, publishes Eurostat.

Year-on-year growth contrasts, on the other hand, with the decline observed in the quarter-on-quarter variation, with industrial production falling by 0.2% in the euro zone and 0.5% in the European Union (EU).

According to data from the EU statistical office, the largest year-on-year increases were registered in Ireland (45.4%), Belgium (23.1%) and Lithuania (19.6%), while the main declines were registered. observed in Slovakia (-4.9%), Portugal (-4.8%) and the Czech Republic (-4.0%).

Compared to August, Denmark (-5.0%), the Czech Republic (-3.2%) and Austria (-3.0%) presented the biggest decreases and Estonia (5.3%), Lithuania (4.3%) and Belgium (3.7%), with the indicator accelerating by 1.7% in Portugal.

Source: Renascença – Noticias by rr.sapo.pt.

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