Portugal’s industry remains weak

shipyardPortugal’s industrial output rose in April by 2% when compared to the previous month.

This was the third greatest growth in the eurozone where the average increase was just 0.1%.

However, compared to April 2014, production was down by 1%.

Portugal was again in third position for having the greatest decline.

Overall, the region experienced an average of 0.8% greater production than it had in April last year.

In the six months from November 2014 to March 2015, Portugal’s production rates have fluctuated monthly between modest declines and rises.

Nov 14

Dec 14

Jan 15

Feb 15

Mar 15

Apr 15

0.0

-1.8

1.8

-0.9

0.4

2.1

The annual comparison presents a less healthy picture.

Nov 14

Dec 145

Jan 15

Feb 15

Mar 15

Apr 15

-0.9

-0.8

-0.8

-1.7

3.5

-1.1