Business confidence in Portugal fell to 3 in January 2026 from 3.1 in December, ending two months of improvement as sentiment weakened across most sectors. The economic climate indicator declined after rising in the prior two months, reflecting lower confidence in trade, manufacturing and services. Trade confidence fell for a second month, driven by weaker views on sales volumes and activity expectations for the next three months. Manufacturing confidence also declined, reflecting negative assessments of global demand and near term production prospects. Services sentiment weakened in January due to poorer demand expectations, softer assessments of current activity and weaker order books. By contrast, confidence in construction and public works improved after a prior decline, supported by a strong positive contribution from employment expectations. Entrepreneurs’ price expectations eased in trade and services, while rising in manufacturing and construction. source: Statistics Portugal
Business Confidence in Portugal decreased to 3 points in January from 3.10 points in December of 2025. Business Confidence in Portugal averaged 1.70 points from 1989 until 2026, reaching an all time high of 5.80 points in May 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 February of 2026.
Business Confidence in Portugal decreased to 3 points in January from 3.10 points in December of 2025. Business Confidence in Portugal is expected to be 2.00 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 1.60 points in 2027, according to our econometric models.