Portugal’s industrial production declined for the third straight month in January, figures from Statistics Portugal showed on Tuesday.
Industrial production decreased 6.5 percent year-on-year in January, after a 4.6 percent decrease in December.
Manufacturing output declined 5.4 percent yearly in January, following a 2.7 percent fall in the previous month.
Energy output fell 9.4 percent annually in January. Production of investment goods and intermediate goods fell by 10.9 percent and 3.2 percent.
On a monthly basis, industrial production fell 1.3 percent in January, after a 1.8 percent rise in the preceding month.
The material has been provided by InstaForex Company – www.instaforex.com