The Portuguese consumer confidence indicator edged up to -9.0 in May 2019 from -9.3 in the previous month, amid improvements in households' expectations over the next 12 months regarding their financial situation (1.9 from 1.8 in April), propensity to make major purchases (-29.4 from -30.4) and saving intentions (-18.8 from -19.7). Meantime, worries about unemployment (-1.6 from -0.7) and inflation (11.3 from 11.9) decreased. In contrast, consumers are slightly more concerned about the country’s economic situation (-5.1 from -5.0). Consumer Confidence in Portugal averaged -17.84 Index Points from 1997 until 2019, reaching an all time high of -0.80 Index Points in November of 1997 and a record low of -46.80 Index Points in December of 2012.

Consumer Confidence in Portugal is expected to be -16.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Portugal to stand at -8.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -6.60 Index Points in 2020, according to our econometric models.

Portugal Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-27 09:30 AM Consumer Confidence -8.30 -7.2 -8.9
2019-03-28 09:30 AM Consumer Confidence -9.5 -8.30 -12.4
2019-04-29 08:30 AM Consumer Confidence -9.3 -9.5 -12
2019-05-28 08:30 AM Consumer Confidence -9 -9.3 -9.8
2019-06-27 08:30 AM Consumer Confidence -9 -16.2
2019-07-30 08:30 AM Consumer Confidence -14
2019-08-30 08:30 AM Consumer Confidence -12.1


Portugal Consumer Last Previous Highest Lowest Unit
Consumer Confidence -9.00 -9.30 -0.80 -46.80 Index Points [+]
Retail Sales MoM -1.00 1.70 6.10 -7.40 percent [+]
Retail Sales YoY 6.50 4.50 18.70 -11.20 percent [+]
Consumer Spending 29980.10 29882.00 29980.10 21135.70 EUR Million [+]
Personal Savings 4.00 4.50 12.00 4.00 percent [+]
Consumer Credit 115117.00 115146.00 141993.00 33832.00 EUR Million [+]
Personal Spending 1.50 1.70 6.30 -6.40 percent [+]
Households Debt To GDP 66.90 67.30 92.10 7.60 percent of GDP [+]
Households Debt To Income 98.26 100.95 127.56 83.75 percent [+]
Bank Lending Rate 2.70 2.67 8.08 2.64 percent [+]
Disposable Personal Income 41778.90 40723.90 41778.90 19011.60 EUR Million [+]
Gasoline Prices 1.76 1.73 2.33 0.77 USD/Liter [+]
Consumer Confidence Economic Expectations 12.59 9.42 12.59 -63.74 [+]
Consumer Confidence Financial Expectations 3.36 2.71 7.60 -34.53 [+]
Consumer Confidence Savings Expectations -26.40 -26.12 -0.39 -42.17 [+]
Consumer Confidence Unemployment Expectations -17.17 -14.49 79.72 -17.17 [+]


Portugal Consumer Confidence

In Portugal, the consumer confidence index on three terms moving averages is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. It is estimated using the difference between the share of positive evaluation responses and negative evaluation responses, but do not include the share of neutral responses. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends. This page provides - Portugal Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -9.30 -0.80 -46.80 1997 - 2019 Index Points Monthly




Country Last Previous
Argentina 36.50 May/19
Australia 100.70 Jun/19
Brazil 48.40 Mar/19
Canada 56.76 Jun/19
China 125.30 Apr/19
Euro Area -6.50 May/19
France 99.00 May/19
Germany 10.10 Jun/19
India 105.00 Jun/19
Indonesia 128.20 May/19
Italy 111.80 May/19
Japan 39.40 May/19
Mexico 110.00 May/19
Netherlands -3.00 May/19
Russia -16.00 Mar/19
Saudi Arabia 112.00 Mar/19
South Africa 5.00 Jun/19
South Korea 97.90 May/19
Spain 96.90 May/19
Switzerland -6.00 Jun/19
Turkey 55.30 May/19
United Kingdom -10.00 May/19
United States 97.90 Jun/19


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