LISBON (dpa-AFX) - Portugal's industrial production declined in April after rising in the previous month, figures from Statistics Portugal showed on Wednesday.
Industrial production fell 1.8 percent year-over-year in April, reversing a 0.7 percent rise in March, which was the first increase in three months.
Excluding energy, output contracted 1.1 percent compared to last year, in contrast to a 2.0 percent gain in the prior month.
Among sectors, manufacturing production declined 1.5 percent and output in the utility sector showed a fall of 4.0 percent.
On a monthly basis, industrial production decreased 2.0 percent in April versus 4.6 percent growth in March.
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2022 AFX News
