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New data Industrial Production YoY (Aug)

10/1/2024

actual -1.6, previous -3.9

The event is the Industrial Production Year-over-Year (YoY) for Portugal in August. The actual value reported is -1.6%, which is an improvement from the previous value of -3.9%. The estimate was -2.7%, so the actual result was better than expected. This event has a low impact on the market, and it is reported in Euro (EUR). The industrial production YoY measures the annual percentage change in the total output produced by the industrial sector in Portugal compared to the same month in the previous year.

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