June industrial output in Portugal remained weak despite a smaller energy decline, with falls in durable, non-durable and capital goods and a 3.8% monthly drop, while intermediate goods continued to rise.
Portugal’s industrial production declined 0.7% from a year earlier in June 2026, improving from a revised 1.6% fall in May but still showing soft momentum across much of the sector. The drag from energy eased sharply, with output in that segment down 1.0% after a 9.7% decline in May. However, durable goods fell 1.0%, non-durable goods dropped 2.5%, and capital goods declined 2.9%, while intermediate goods was the only major category to expand, rising 2.2% after a 0.9% increase in May. On a month-on-month basis, industrial activity fell 3.8% in June, the steepest monthly drop in a year.