The consumer confidence indicator in Portugal improved slightly to -37 in January of 2023 from an over nine-year low of -38.1 in the prior month. Concerns eased somewhat about the country's economic situation over the next 12 months (-54 vs -57.3 in December), as well as the households' financial situation over the next 12 months (-24.9 vs -26.3). At the same time, savings propensity went up (-40.3 vs -42.3) and inflationary pressures are seen receding (34.1 vs 42.2). However, the unemployment outlook over the next 12 months worsened further (39 vs 38.5) and intentions to do major purchases decreased slightly (-36.2 vs -36). source: Statistics Portugal
Consumer Confidence in Portugal averaged -18.29 points from 1997 until 2023, 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 February of 2023.
Consumer Confidence in Portugal is expected to be -29.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.