The consumer confidence in Portugal fell to -26.9 in November of 2020 from -25.5 in October, retreating to a 4-month low, as coronavirus cases in the country surged and restrictions were reintroduced. Expectations worsened regarding the household financial situation for the next 12 months (-8.5 vs -6.9), the economic situation of the country for the year ahead (-49.5 vs -45.7) while propensity to make major purchases (-34.5 vs -34.2) also fell. source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.75 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 November of 2020.
Consumer Confidence in Portugal is expected to be -16.00 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.