New data Industrial Production MoM (Jan)
3/3/2025
actual 3.7, previous -4.2
The event is the Industrial Production MoM (Month-over-Month) for Portugal in January. The actual value reported is 3.7%, which is higher than the previous value of -4.2%. This indicates a significant increase in industrial production compared to the previous month. The estimate was 2.9%, so the actual value exceeded expectations. The change percentage is 188.095%, showing a substantial positive change in industrial production. This event is considered to have a low impact on the market, as it is not a major deviation from expectations.This is not investment advice. Remember to verify the information provided here.
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