The consumer confidence in Portugal fell to -25.8 in February of 2021 from -23.1 in January, the most pessimistic since November of last year, mainly due to a drop in prospects regarding the country's economic situation (-44.2 from -35.4 in January) and in the propensity to make major purchases (-36.6 from -34). Meanwhile, households' financial situation in the last 12 months kept unchanged (-15.3), while its expectations for the next 12 months slightly improved (-7.0 from -7.9). source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.89 points from 1997 until 2021, reaching an all time high of -0.80 points in November of 1997 and a record low of -46.80 points in December of 2012. This page provides - Portugal Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Consumer Confidence in Portugal is expected to be -17.00 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 -12.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -10.00 points in 2022, according to our econometric models.