Portugal's private consumption increased 2.7 percent year-on-year in December 2019, the same pace as in the previous month. Portugal Private Consumption YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Personal Spending in Portugal averaged 1.86 percent from 1978 until 2019, reaching an all time high of 6.30 percent in May of 1988 and a record low of -6.40 percent in January of 2012. This page provides - Portugal Personal Consumption YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Spending in Portugal is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Spending in Portugal to stand at 1.90 in 12 months time. In the long-term, the Portugal Private Consumption YoY is projected to trend around 2.30 percent in 2021, according to our econometric models.

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Portugal Private Consumption YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.70 6.30 -6.40 1978 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-01-17 02:00 PM Dec 2.7% 2.7%
2020-02-21 11:30 AM Jan 2.7% 2.5%
2020-03-20 11:30 AM Feb
2020-04-17 10:30 AM Mar
2020-05-22 10:30 AM Apr

Portugal Private Consumption YoY
In Portugal, private consumption year-on-year refers to the annual change of the coincident indicator for the Portuguese personal consumption that includes eight major indicators: real private consumption; real retail trade turnover index; sales of light passenger vehicles; retail sales volume (trade survey); tourism nights spent by residents in Portugal; real industrial turnover index of consumer goods in the domestic market; households’ financial situation; and general economic situation (consumers’ survey).