Industrial production falls 2.7% in September

Industrial production in Portugal decreased by 2.7% in September compared to the same month last year, an improvement from the 4.1% decline in August. The National Institute of Statistics reported that the production index's variation was 1.4 percentage points less negative than in August. Excluding energy, the index showed a variation of -2.1%. The investment goods sector had the most significant negative impact on the total index, contributing -1.3 percentage points with a variation of -6.3%. Monthly, the index increased by 2.4% in September. All major industrial sectors contributed positively to the total index variation, except for energy, which saw a decline from 0.2% in August to -2.1% in September. In the third quarter of 2026, the aggregate index recorded a year-on-year variation of -2.5%.