The consumer confidence indicator in Portugal fell for the seventh month in a row to -33.1 in June of 2020 from -29.1 in the previous month. It is the lowest reading since December of 2013 due to the coronavirus crisis. Expectations continued to deteriorate regarding the country's economic situation (-55.8 vs -49.7 in May); major purchases (-43.7 vs -40.6) and household's financial situation (-19.3 vs -16.2). The current assessment of household's financial situation also worsened (-13.7 vs -10.1)

Consumer Confidence in Portugal averaged -17.58 points from 1997 until 2020, 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 July of 2020.

Consumer Confidence in Portugal is expected to be -14.00 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 -10.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -12.00 points in 2021 and -10.00 points in 2022, according to our econometric models.

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Portugal Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-33.10 -29.10 -0.80 -46.80 1997 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 08:50 AM Mar -9.90 -8.1 -17
2020-04-29 08:30 AM Apr -21 -9.9 -20
2020-05-28 08:30 AM May -29.1 -21 -17
2020-06-29 08:30 AM Jun -33.10 -29.1 -22
2020-07-30 08:30 AM Jul -33.1
2020-08-28 08:30 AM Aug
2020-09-28 08:30 AM Sep -14
2020-10-30 09:30 AM Oct


News Stream
Portugal Consumer Confidence Lowest since 2013
The consumer confidence indicator in Portugal fell for the seventh month in a row to -33.1 in June of 2020 from -29.1 in the previous month. It is the lowest reading since December of 2013 due to the coronavirus crisis. Expectations continued to deteriorate regarding the country's economic situation (-55.8 vs -49.7 in May); major purchases (-43.7 vs -40.6) and household's financial situation (-19.3 vs -16.2). The current assessment of household's financial situation also worsened (-13.7 vs -10.1)
2020-06-29
Portugal Consumer Confidence Weakest since 2014
The consumer confidence indicator in Portugal plunged to -29.1 in May of 2020 from -21 in the previous month. It was the lowest reading since February of 2014. Expectations continued to deteriorate regarding the country's economic situation (-49.7 vs -34.1 in April); major purchases (-40.6 vs -35.5) and household's financial situation (-16.2 vs -9.1). Meantime, the current assessment on household's financial situation worsened (-10.1 vs -5).
2020-05-28
Portugal Consumer Morale Lowest Since 2014
The consumer confidence indicator in Portugal tumbled to -21 in April of 2020 from -9.9 in the previous month, the lowest since September of 2014. Expectations worsened for the country’s economic situation over the next 12 months (-34.1 vs -152.2) and major purchases (-35.5 vs -27.2). Also, the assessment of the household's financial situation was more pessimistic regarding the current situation (-5.0 vs -2.3) and future situation (-9.1 vs 2.1).
2020-04-29
Portugal Consumer Confidence at Lowest Since 2016
The consumer confidence indicator in Portugal decreased to -9.9 in March 2020 from -8.1 in the previous month, the lowest since December 2016. Expectations worsened for the country’s economic situation over the next 12 months (-12.2 vs -6.3) and major purchases (-27.2 vs -26.7). Also, the assessment of the household's financial situation was more pessimistic regarding the current situation (-2.3 vs -2.2) and future situation (2.1 vs 2.8).
2020-03-30

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.