Portugal’s’ industrial production growth eased for the third consecutive month in January, figures from Statistics Portugal showed Tuesday.
Industrial production rose 0.7 percent year-over-year in January, slower than the 1.2 percent climb in the previous month. Production has been rising since May 2015.
Manufacturing growth eased sharply to 0.2 percent in January from 3.2 percent in December.
On a monthly basis, industrial production increased 0.8 percent at the start of the year, in contrast to a 1.4 percent fall in the prior month. It was the first rise in three months.
The material has been provided by InstaForex Company – www.instaforex.com