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.