Portugal Business Climate Steady at 2019-Highs

2025-10-30 10:37 By Luisa Carvalho 1 min. read

Business confidence in Portugal stood at 2.9 for the third consecutive month in October 2025, remaining at its highest level since June 2019.

Optimism among traders strengthened notably, increasing to 2 in October from 0.1 in September, as confidence picked up among retailers (4.3 vs 3.6) and wholesalers (3.1 vs 1.9).

Sentiment remained positive despite easing among service providers (10.7 vs 12.4) and constructors (2.4 vs 2.7), while manufacturers turned more pessimistic (-3.7 vs -3).



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