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| Characteristic | Description |
|---|---|
| Name | Economic activity indicator (Series 1996 - Year-on-year rate of change - %); Monthly |
| Regularity | Monthly |
| Source | Statistics Portugal, Short-term economic statistics |
| First available period | January 1996 |
| Last available period | October 2025 |
| Dimensions |
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| Concepts |
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| Measure unit (symbol) | Percentage (%) |
| Power of 10 | 0 |
| Observations | The Economic Activity Indicator is a synthetic indicator estimated from the following series: manufacturing industry production index adjusted for working days (Source: INE), industrial production index of intermediate goods adjusted for working days (Source: INE), overnight stays in tourist accommodation establishments (Source: INE), deflated retail trade turnover index (Source: INE), electricity consumption adjusted for temperature (Source: REN), fuel sales (Source: DGEG) (gasoline and diesel aggregated by energy equivalents), sales of new light passenger vehicles and heavy and light commercial vehicles (Source: ACAP), consumer confidence indicator (Source: INE), cement sales in the domestic market (Sources: CIMPOR, SECIL and INE), industrial production index of investment goods adjusted for calendar and working day effects (Source: INE), expectations on the development of order books of entrepreneurs in the wholesale trade of investment goods (Source: INE), unemployed and employed population (Source: INE), job placements along the period at state employment agencies (Source: IEFP), economic sentiment indicator in the Euro Area (Source: European Commission), evaluation of order-book levels for manufacturing industry of Portugal's main trading partners (Sources: European Commission, OECD and INE), consumer confidence indicator in the Euro Area (Source: European Commission), industrial production index of Portugal's main trading partners (Sources: Eurostat, OECD, ONS and INE). The methodology of this indicator is based on factor analysis and the final calibration considers as a reference the year-on-year rates of change in the Gross Domestic Product (National Accounts, Base 2021). |
| Last update date | 19/12/2025 |
information presented in 19/12/2025