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Thursday, the Statistics Portugal announced that the industrial production decreased 9.5% year-over-year in June, compared with a 7.8% fall in the previous month, revised from 7.9% decline reported initially.
On a monthly basis, industrial production rose 0.3% in June, after falling 1.4% in May. The figure in May was revised from 0.6% drop estimated initialy.
In the second quarter, industrial production dropped 8.8% on an annual basis, after falling 12% in the first quarter.
Meanwhile, manufacturing production dipped 11.3% annually in June, compared to the 10.6% fall in the prior month.
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