Industrial production fell 0.7% in 2024, to 114.9 billion euros (down 3.2% to 115.7 billion in the previous year).
The data was released this Monday, December 15th, by INE. They are definitive and relate to the Annual Industrial Production Survey, which annually evaluates the accumulated price of products sold and services provided by manufacturing industries.
The activities that penalized the indicator the most were those related to electricity, gas, steam, hot and cold water and cold air, with less 0.5 percentage points (pp), followed by the wood and cork industry and its works, except furniture.
Further back, the manufacture of basketry and espartia works and the clothing industry generated 0.3 pp less, according to the analysis.
Conversely, the manufacture of coke, refined petroleum products and fuel clusters resulted in a contribution of 0.8 pp, while the manufacture of motor vehicles, trailers, semi-trailers and components for motor vehicles generated a gain of 0.4 pp, reveals INE. At the same time, the manufacture of computer equipment, communications equipment and electronic and optical products led to an increase of 0.2 percentage points.
The Food Industry division maintains its leading position in terms of relative weight in total sales of products and provision of services (15.2%), having grown 0.8% compared to 2023.
Non-total weight of companies, no employment and no GVA falls to 2023
Data from 2024 from the Integrated Company Accounting System (SCIE) indicate that companies operating in the manufacturing industry segment accounted for 4.4% of the total number of companies in Portugal (4.6% in 2023), in the non-financial sector. At the same time, they employed 15.1% of workers and achieved 19.1% of Gross Value Added (GVA) (15.9% and 19.9%, respectively, in the previous year).