Portugal Business Confidence

The Portuguese economic climate indicator dropped to 2.2 in December of 2018 from 2.3 in the previous month, marking the lowest reading since April. Sentiment deteriorated among service providers (12.2 from 12.3 in November) and traders (3.4 from 3.8), namely wholesalers (4.7 from 5.5) while it rose for retailers (2.2 from 1.8). In contrast, confidence improved for manufacturers (-0.6 from -1.0) and constructors (-8.6 from -10.3). Business Confidence in Portugal averaged 1.63 Index Points from 1989 until 2018, reaching an all time high of 5.30 Index Points in March of 1989 and a record low of -3.90 Index Points in November of 2012.

Business Confidence in Portugal is expected to be 1.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Portugal to stand at 1.50 in 12 months time. In the long-term, the Portugal Business Confidence is projected to trend around 1.50 Index Points in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar	GMT		Actual	Previous	TEForecast
2018-09-27	08:30 AM	Business Confidence	2.4	2.5	2.5
2018-10-30	09:30 AM	Business Confidence	2.4	2.4	2.4
2018-11-29	09:30 AM	Business Confidence	2.3	2.4	2.3
2019-01-03	11:00 AM	Business Confidence	2.2	2.3	2.2
2019-01-30	09:30 AM	Business confidence		2.2
2019-02-27	09:30 AM	Business confidence
2019-03-28	09:30 AM	Business confidence			1.9

Portugal Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	2.20	2.30	5.30	-3.90	Index Points	[+]
Industrial Production	-2.90	-0.10	10.10	-18.20	percent	[+]
Industrial Production Mom	-2.40	-0.50	6.40	-6.90	percent	[+]
Manufacturing Production	-4.90	-1.50	8.50	-22.30	percent	[+]
Capacity Utilization	81.16	82.56	85.37	68.47	percent	[+]
Changes in Inventories	366.18	146.64	531.75	-477.29	EUR Million	[+]
Car Registrations	16157.00	15466.00	32914.00	5442.00		[+]
Leading Economic Index	1.90	1.90	6.60	-4.00	percent	[+]
Internet Speed	12894.80	12576.03	13144.68	2346.55	KBps	[+]
IP Addresses	3662187.00	3687295.00	3757415.00	1150694.00	IP	[+]
Mining Production	20.90	15.70	80.80	-49.10	percent	[+]
Competitiveness Index	70.20	69.67	70.20	4.37	Points	[+]
Competitiveness Rank	34.00	33.00	51.00	33.00		[+]
Ease of Doing Business	34.00	29.00	48.00	23.00		[+]
Electricity Production	4859.00	4283.00	5942.00	2106.00	Gigawatt-hour	[+]
Corruption Index	63.00	62.00	69.70	55.60	Points	[+]
Corruption Rank	29.00	29.00	35.00	19.00		[+]

In Portugal, the National Statistics Institute (INE) economic climate indicator on three terms moving averages is calculated in order to receive a timely composite indicator for the several sectors of economic activity. It is estimated using balances of questions from the Manufacturing Industry (1179 companies), Trade (1102 companies), Construction and Public Works (822 companies) and Services (1427 companies) surveys. The calculation is based on the factor analysis and the estimated series (the common component) is calibrated using the GDP change rates. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.20	2.30	5.30	-3.90	1989 - 2018	Index Points	Monthly

Export Data API

Country	Last		Previous	Range
Australia	3.00	Nov/18	5	21 : -30	Index Points
Brazil	63.80	Dec/18	63.2	68.5 : 35	Index Points
Canada	59.70	Dec/18	57.2	75 : 36.1	Index Points
China	49.40	Dec/18	50	59.2 : 38.8	Index Points
Euro Area	0.82	Dec/18	1.04	1.62 : -3.28	Index Points
France	104.00	Dec/18	106	124 : 66	Index Points
Germany	101.00	Dec/18	102	110 : 80.2	Index Points
India	64.90	Jun/18	60.1	71.8 : 45.7	Index Points
Indonesia	108.05	Sep/18	113	122 : 95.12	Index Points
Italy	103.60	Dec/18	104	122 : 71.5	Index Points
Japan	19.00	Dec/18	19	53 : -58	Index Points
Mexico	49.20	Dec/18	49.9	58.1 : 33.7	Index Points
Netherlands	7.50	Dec/18	7.2	10.9 : -23.5	Index Points
Russia	-8.00	Dec/18	-6	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-1.00	Sep/18	7	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	71.00	Dec/18	73	119 : 35	Index Points
Spain	-2.70	Dec/18	0	7.8 : -38.5	Index Points
Switzerland	96.30	Dec/18	98.9	119 : 70.7	Index Points
Turkey	91.50	Dec/18	92.8	123 : 52.6	Index Points
United Kingdom	-16.00	Dec/18	-3	55 : -75	Index Points
United States	54.10	Dec/18	59.3	77.5 : 29.4	Index Points