The consumer confidence indicator in Portugal fell to -7.8 in January of 2020 from -7.2 in December, reaching the lowest value in six months. Expectations worsened for the country’s economic situation over the next 12 months (-4.9 vs -3.2), major purchases (-26.1 vs -25.7) and household’s financial situation for the next 12 months (2.8 vs 3.6 in November). On the other hand, the current assessment of household's financial situation was slightly less pessimistic (-3.2 vs -3.7). Portugal Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Consumer Confidence in Portugal averaged -17.54 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.

Consumer Confidence in Portugal is expected to be -8.00 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 -6.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -6.60 points in 2021, according to our econometric models.


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Portugal Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-7.80 -7.20 -0.80 -46.80 1997 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 09:30 AM Oct -7.2 -7.1 -8.6
2019-11-28 09:30 AM Nov -6.9 -7.2 -8.9
2020-01-02 11:00 AM Dec -7.20 -6.9 -7
2020-01-30 09:30 AM Jan -7.8 -7.2 -7.6
2020-02-27 09:30 AM Feb -7.8 -8.2
2020-03-30 09:30 AM Mar -8
2020-04-29 08:30 AM Apr
2020-05-28 08:30 AM May


News Stream
Portugal Consumer Confidence Lowest in 6 Months
The consumer confidence indicator in Portugal fell to -7.8 in January of 2020 from -7.2 in December, reaching the lowest value in six months. Expectations worsened for the country’s economic situation over the next 12 months (-4.9 vs -3.2), major purchases (-26.1 vs -25.7) and household’s financial situation for the next 12 months (2.8 vs 3.6 in November). On the other hand, the current assessment of household's financial situation was slightly less pessimistic (-3.2 vs -3.7).
2020-01-30
Portugal Consumer Confidence Worsens in December
The consumer confidence indicator in Portugal fell to -7.2 in December of 2019 from -6.9 in November, which was the highest in 2019. Expectations worsened for household’s financial situation for the next 12 months (2 vs 4.6 in November); country’s economic situation (-5.5 vs -2.4) and major purchases (-26.7 vs -25.1). On the other hand, the current assessment of household's financial situation was slightly less pessimistic (-2.9 vs -4.5).
2020-01-02
Portugal Consumer Confidence at 11-Month High
Consumer confidence indicator in Portugal went up to -6.9 in November 2019 from -7.2 in the previous month, the highest since December 2018. Expectations improved for all main components: household’s financial situation (3.7 vs 2.8 in October); country’s economic situation (-2.1 vs -2.5) and major purchases (-25.3 vs -25.9). Meantime, the current assessment on household's financial situation deteriorated (-3.8 vs -3.2).
2019-11-28
Portugal Consumer Confidence Edges Down
Consumer confidence indicator in Portugal dropped to -7.2 in October 2019 from -7.1 in September, following six consecutive monthly rises. The slight deterioration resulted from the negative contributions of the perspectives regarding major purchases (-25.9 from -25.1 in September) and the current assessment on household's financial situation (-3.2 from -3.0). Meanwhile, improvements were seen in expectations regarding the country's economic situation (-2.5 from -2.8) and household financial situation over the next 12 month (2.8 from 2.5).
2019-10-30

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.