Industrial Production is an economic indicator that measures the output of industrial sectors of an economy such as manufacturing, mining, and utilities. It provides information about the overall production output of a country's economy and is an important indicator of economic health.

Industrial production is usually measured as an index number, where a base year is selected and given a value of 100. The current level of production is then expressed as a percentage of this base year value. Industrial production data is released on a monthly basis by most countries and is closely watched by investors, economists, and policymakers to gauge the health of an economy and predict future economic growth or contraction.

Looking to learn about forex? Take our crash courses at our Forex University. If you’re looking to setup a demo trading account then click here. Finally, if you’re looking for Forex Signals, Forex Portugal provides free & premium signals on-demand.