Portugal Wages In Manufacturing
Portugal · Monthly series · EC-PT-WM
Latest, August 2026
140.9 pts
-11.5% from July 2026
Forecast
Forecast for August 2027: 144.5 pts, with an 80% interval of 138.8 pts to 149.4 pts.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| September 2026 | 126.5 pts | 125.1 pts | 128.1 pts |
| October 2026 | 127.1 pts | 125.0 pts | 129.8 pts |
| November 2026 | 170.9 pts | 167.8 pts | 173.8 pts |
| December 2026 | 162.2 pts | 159.0 pts | 165.4 pts |
| January 2027 | 127.5 pts | 124.0 pts | 131.5 pts |
| February 2027 | 127.1 pts | 123.6 pts | 131.1 pts |
| March 2027 | 130.4 pts | 126.5 pts | 134.6 pts |
| April 2027 | 132.0 pts | 127.8 pts | 136.6 pts |
| May 2027 | 135.4 pts | 130.5 pts | 140.4 pts |
| June 2027 | 155.9 pts | 150.9 pts | 160.6 pts |
| July 2027 | 162.3 pts | 157.8 pts | 166.9 pts |
| August 2027 | 144.5 pts | 138.8 pts | 149.4 pts |
AI confidence
Not evaluatedThe serving model has no matching evaluation yet.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- n/aNot evaluated
- Direction
- n/aNot evaluated
- Turning points
- n/aNot evaluated
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison not readyA forecast and enough history for rolling backtests are required.
Reading
It is above 78% of the 116 earlier readings since September 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| August 2026 | 140.9 pts |
| July 2026 | 159.1 pts |
| June 2026 | 151.4 pts |
| May 2026 | 129.8 pts |
| April 2026 | 127.3 pts |
| March 2026 | 125.8 pts |
| February 2026 | 122.4 pts |
| January 2026 | 121.9 pts |
| December 2025 | 156.8 pts |
| November 2025 | 165.7 pts |
| October 2025 | 119.5 pts |
| September 2025 | 119.4 pts |
| August 2025 | 133.8 pts |
| July 2025 | 152.0 pts |
| June 2025 | 142.1 pts |
| May 2025 | 123.7 pts |
| April 2025 | 120.8 pts |
| March 2025 | 119.7 pts |
| February 2025 | 115.3 pts |
| January 2025 | 115.9 pts |
| December 2024 | 149.7 pts |
| November 2024 | 157.9 pts |
| October 2024 | 114.8 pts |
| September 2024 | 113.7 pts |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Portugal Wages In Manufacturing in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Portugal
- Portugal Asylum Applications
- Portugal Balance Of Trade
- Portugal Bank Lending Rate
- Portugal Banks Balance Sheet
- Portugal Building Permits
- Portugal Business Confidence Index
- Portugal CO2 Emissions
- Portugal CPI Housing Utilities
- Portugal CPI Transportation
- Portugal Capacity Utilization
- Portugal Capital Flows
- Portugal Car Production