Portugal Business Climate Steady in July

2026-07-30 08:41 By Larissa Caser 1 min. read

Portugal's business confidence indicator stood at 2.8 in July 2026, unchanged from the previous month, when it reached its highest level since March.

Confidence improved in construction and public works (4.6 vs 4.3), supported by stronger employment prospects and more favorable assessments of order books.

Manufacturing sentiment also edged up, though remaining in negative territory (-4.3 vs -4.4).

In contrast, trade confidence weakened to 3.7 from 4.2, reflecting less favorable assessments of sales volumes and activity expectations for the next three months.

Meanwhile, confidence in the services sector eased slightly to 8.4 from 8.5, as weaker views on order books and demand prospects more than offset other factors.



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Portugal Business Climate Steady in July
Portugal's business confidence indicator stood at 2.8 in July 2026, unchanged from the previous month, when it reached its highest level since March. Confidence improved in construction and public works (4.6 vs 4.3), supported by stronger employment prospects and more favorable assessments of order books. Manufacturing sentiment also edged up, though remaining in negative territory (-4.3 vs -4.4). In contrast, trade confidence weakened to 3.7 from 4.2, reflecting less favorable assessments of sales volumes and activity expectations for the next three months. Meanwhile, confidence in the services sector eased slightly to 8.4 from 8.5, as weaker views on order books and demand prospects more than offset other factors.
2026-07-30
Portugal Business Climate Rises to 4-Month High in June
Business confidence in Portugal edged up to 2.8 in June 2026, the highest in four months, after being steady at 2.7 previously. Optimism increased among service providers (8.5 vs 8.3 in May), constructors (4.3 vs 3.8) and traders (4.2 vs 3.3), particularly retailers (6 vs 4.7). On the other hand, sentiment deteriorated further for manufacturers (-4.4 vs -3.5).
2026-06-29
Portugal Business Climate Hovers Around 9-Month Low
Business confidence in Portugal stood at 2.7 in May 2026, the lowest since June 2025, unchanged from the revised reading in April. Sentiment deteriorated further among manufacturers (-3.5 vs -2.8 in April), but improved for service providers (8.3 vs 7.9), constructors (3.8 vs 2.9) and traders (3.3 vs 3.2).
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