Portugal’s industrial production rose 3.2% year-over-year in March 2026, rebounding from a revised 3.9% drop in February. This marks the fastest increase since August 2025, driven by gains in nearly all categories except energy. Consumer goods output climbed 3.6%, the first rise in four months, with durable goods up 4.3%, ending a 12-month decline, and non-durable goods up 3.4%. Intermediate goods surged 5.2% (after a 7.4% February fall), and capital goods jumped 6.4% following five months of declines. Energy output fell 4.6%, reversing double-digit growth from December to February. Month-over-month, production also rose 3.2%.