The business confidence in Portugal edged down for a second straight month to 2.6 in October 2026, the lowest since May 2025, compared to 2.8 in September. Confidence fell in the services sector (7.5 vs 8.8) amid weaker outlook regarding the evolution of demand, and, significantly, assessments of the company’s activity as well as opinions on the order book. Sentiment also weakened in construction (4 vs 4.5), retail (1.6 vs 1.7) and remained subdued in manufacturing (-4.1 vs -4.3). For 2027, the majority of companies in the manufacturing industry (61.9%) and in the services sector (73.3%) anticipate that investment will stabilize compared to 2026. source: Statistics Portugal
Business Confidence in Portugal decreased to 2.60 points in October from 2.80 points in September of 2026. Business Confidence in Portugal averaged 1.74 points from 1989 until 2026, reaching an all time high of 5.80 points in April of 1998 and a record low of -6.40 points in June of 2020. This page provides the latest reported value for - Portugal Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.
Business Confidence in Portugal decreased to 2.60 points in October from 2.80 points in September of 2026. Business Confidence in Portugal is expected to be 2.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Business Confidence is projected to trend around 2.60 points in 2027 and 2.50 points in 2028, according to our econometric models.