Eurozone industrial production increased 1.8% in November, the largest rise since May 2010. Additionally, economic confidence in the region rose in December to the highest since July 2011.

Nevertheless, the area suffers from high unemployment rate of a record 12.1%. Analysts expect the Eurozone to grow 1% this year, compared to 2.6% for the U.S.

Global X FTSE Portugal 20 ETF

For more information on Portugal, visit our Portugal category.

Max Chen contributed to this article.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.