Portugal’s industrial production growth eased for the second straight month in December, figures from Statistics Portugal showed Tuesday.
Industrial production climbed 1.3 percent year-over-year in December, slower than November’s 3.2 percent rise.
Manufacturing output also grew at a weaker pace of 2.8 percent annually in December after a 4.8 percent gain in the prior month.
On a monthly basis, industrial production dropped 0.4 percent from November, when it rose by 0.4 percent.
Another report from the statistical office showed that annual growth in retail sales accelerated to 5.7 percent in December from 4.9 percent in the prior month.
Month-on-month, retail sales went up 0.3 percent in December, well below the 4.1 percent rebound in November.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
