Portugal suffers 2nd largest monthly industrial output price drop

Portugal saw industrial production prices fall 0.8% in March compared to an overall 0.1% increase in the Euro Zone.

The greatest increases were recorded in Denmark, Estonia, Holland, Poland, Finland and Sweden (0.6% each) while the greatest reductions were Spain (-0.9%) and Portugal (-0.8%).

The figures were released by Eurostat, the European Union’s statistical office and were based on the Industrial producer price index which measures the gross monthly change in the trading price of industrial products.