Industry output in June up 4% on year, after 5.8% y-on-y drop in May

Page created: Wednesday, 6 August 2014 15:00 GMT

Industry   INE  May  Output

Portugal’s index of industry turnover was in June up 4.0% on the same month of 2013, after a year-on-year drop of 5.8% in May, according to a report released by the National Statistical Institute (INE) on Wednesday.

June this year had one more weekday than June last year, the INE noted, but energy also drove the increase, with an 8.8% rise in output, after a 12.6% drop in May.

Read more

Output of consumer goods was up 3.8% and of capital goods up 8.3%.

The non-domestic market index increased by 4.7%, after a drop of 7.2% in May, while the domestic market index was up , after a May decrease of 4.7%.

In the second quarter as a whole, the turnover index was down 1.5% on the same period of last year, after a 0.8% year-on-year drop in the first quarter.

The indices for employment, wages and salaries and hours worked were up by 0.3%, 3.4% and 0.6% in June, respectively.