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.

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Portugal Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-26.90 -25.50 -0.80 -46.80 1997 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-28 08:30 AM Aug -26 -28.3 -23
2020-09-29 08:30 AM Sep -26.3 -26 -24
2020-10-29 09:30 AM Oct -25.5 -26.3 -27
2020-11-27 09:30 AM Nov -26.9 -25.5 -28
2021-01-04 09:30 AM Dec -26.9
2021-01-28 09:30 AM Jan
2021-02-25 09:30 AM Feb
2021-03-30 08:50 AM Mar


News Stream
Portugal Consumer Confidence at 4-Month Low
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.
2020-11-27
Portugal Consumer Confidence Remains Subdued
The consumer confidence in Portugal edged up to -25.5 in October of 2020 from -26.3 in September, but remained well below -8.1 in February, before the coronavirus pandemic. Improvements were seen in household financial situation for the next 12 months (-6.9 vs -7.8), economic situation of the country for the year ahead (-45.7 vs -47.2) and propensity to make major purchases (-34.2 vs -34.7).
2020-10-29
Portugal Consumer Morale Pulls Back in September
The consumer confidence indicator in Portugal fell to -26.3 in September of 2020 from -26 in August, after improving in the previous two months. The current assessment on household's financial situation worsened (-15.5 vs -15.1 in August) and expectations about the economic situation in the country deteriorated (-47.2 vs -44.3). Meantime, there were decreases in the sub-indexes measuring households' financial situation over the next 12 months (-36.3 vs -38.2) and major purchases (-34.7 vs -36.3).
2020-09-29
Portugal Consumer Morale Remains Weak
The consumer confidence indicator in Portugal increased to -26 in August of 2020 from -28.3 in the previous month, still remaining below pre-pandemic levels. There were increases in the sub-indexes measuring households' financial situation over the next 12 months (-8.4 vs -11.9 in July), the economic situation in the country over the next 12 months (-44.3 vs -47.3) and major purchases over the next 12 months (-36.3 vs -38.2). At the same time, the gauge for households' financial situation over the past 12 months increased to -15.1 in August, compared to -15.9 in July.
2020-08-28

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.