Industrial output registers biggest drop of 2014 in November

Industrial output registers biggest drop of 2014 in November

Portugal’s industrial output fell 2% in November compared to the same month in 2013. It was the largest production drop of the year, reports INE statistics institute.

And in December, production fell a further 0.1. The decline, says INE, was caused mostly by decreases in the output of “consumption and intermediate goods” (-6.2% and -2.5%).