Industrial Production year-on-year change rate was -4.4%, in March (1.5% in February). Excluding the Energy grouping, the variation was -1.9% (-1.8% in the previous month). Manufacturing Industry year-on-year change rate was -2.5% (-2.8% in February). The monthly change rate of the total index was -1.1% (-2.0% in February). In the 1st quarter of 2023, the aggregate index increased 0.5% in year-on-year terms (in the 4th quarter of 2022, this change rate was -0.3%).
Source: Statistics Portugal
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