The Portuguese consumer confidence indicator decreased further to -2.2 in December of 2018 from -1.8 in the previous month. It is the lowest level of confidence since March 2017, as expectations over the next 12 months deteriorated for the household financial position (3.9 from 4.2 in November), savings capacity (-19.5 from -19.4) and the country's economic situation (1.5 from 2.8). Meanwhile, worries about unemployment decreased slightly (-5.4 from -5.3). Consumer Confidence in Portugal averaged -22.20 Index Points from 1997 until 2018, reaching an all time high of 3.30 Index Points in May of 2018 and a record low of -53.30 Index Points in December of 2012.

Consumer Confidence in Portugal is expected to be -2.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Portugal to stand at -0.80 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -2.00 Index Points in 2020, according to our econometric models.

Portugal Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 08:30 AM Consumer Confidence -1.4 -0.5 -1.2
2018-10-30 09:30 AM Consumer Confidence -1.1 -1.4 -0.6
2018-11-29 09:30 AM Consumer Confidence -1.8 -1.1 -1.3
2019-01-03 11:00 AM Consumer Confidence -2.2 -1.8 -1.1
2019-01-30 09:30 AM Consumer Confidence -2.2
2019-02-27 09:30 AM Consumer Confidence
2019-03-28 09:30 AM Consumer Confidence -2


Portugal Consumer Last Previous Highest Lowest Unit
Consumer Confidence -2.20 -1.80 3.30 -53.30 Index Points [+]
Retail Sales MoM 1.60 2.80 6.10 -7.40 percent [+]
Retail Sales YoY 4.10 5.60 18.70 -11.20 percent [+]
Consumer Spending 29467.80 29253.00 29467.80 21136.30 EUR Million [+]
Personal Savings 4.00 4.50 12.00 4.00 percent [+]
Consumer Credit 116087.00 115287.00 141993.00 33832.00 EUR Million [+]
Personal Spending 1.40 1.60 6.30 -6.40 percent [+]
Households Debt To GDP 67.70 68.70 92.10 7.60 percent of GDP [+]
Households Debt To Income 100.95 104.34 127.56 83.75 percent [+]
Bank Lending Rate 2.74 2.81 8.08 2.64 percent [+]
Disposable Personal Income 40723.90 40921.50 41689.80 19011.60 EUR Million [+]
Gasoline Prices 1.61 1.73 2.33 0.77 USD/Liter [+]
Consumer Confidence Economic Expectations 12.59 9.42 12.59 -63.74 [+]
Consumer Confidence Financial Expectations 3.36 2.71 7.60 -34.53 [+]
Consumer Confidence Savings Expectations -26.40 -26.12 -0.39 -42.17 [+]
Consumer Confidence Unemployment Expectations -17.17 -14.49 79.72 -17.17 [+]


Portugal Consumer Confidence

In Portugal, the consumer confidence index on three terms moving averages is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. It is estimated using the difference between the share of positive evaluation responses and negative evaluation responses, but do not include the share of neutral responses. 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 - Portugal Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Consumer 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 -1.80 3.30 -53.30 1997 - 2018 Index Points Monthly




Country Last Previous
Argentina 36.00 Dec/18
Australia 99.60 Jan/19
Brazil 114.30 Dec/18
Canada 54.17 Jan/19
China 122.10 Nov/18
Euro Area -6.20 Dec/18
France 87.00 Dec/18
Germany 10.40 Jan/19
India 94.00 Dec/18
Indonesia 127.00 Dec/18
Italy 113.10 Dec/18
Japan 42.70 Dec/18
Mexico 105.65 Dec/18
Netherlands 1.00 Jan/19
Russia -17.00 Dec/18
Saudi Arabia 106.00 Sep/18
South Africa 7.00 Sep/18
South Korea 97.20 Dec/18
Spain 90.90 Dec/18
Switzerland -6.00 Dec/18
Turkey 58.20 Dec/18
United Kingdom -14.00 Dec/18
United States 90.70 Jan/19


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