The consumer confidence index in Portugal fell to -27.1 in May 2026, down from -23.9 in April, marking the lowest level since January 2024. The deterioration in sentiment was broad-based regarding the last 12 months, the index measuring the increase in prices rose to 63.2 from 57.2 last month, while household sentiment weakened to -15.5 from -12.7 and views on the country’s economic situation declined to -50.7 from -43.8. Looking ahead, expectations for countrie’s economy also deteriorated to -48.5 from -42.2, amid rising concerns over prices (66.4 vs 61.1) and unemployment (27.7 vs 25.3). In contrast, uncertainty regarding future household financial conditions improved slightly to -18.1 from -20.8. source: Statistics Portugal

Consumer Confidence in Portugal decreased to -27.10 points in May from -23.90 points in April of 2026. Consumer Confidence in Portugal averaged -18.54 points from 1997 until 2026, reaching an all time high of -0.80 points in November of 1997 and a record low of -46.80 points in December of 2012. This page provides - Portugal Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Consumer Confidence in Portugal decreased to -27.10 points in May from -23.90 points in April of 2026. Consumer Confidence in Portugal is expected to be -17.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Consumer Confidence is projected to trend around -14.00 points in 2027 and -13.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-29 08:30 AM
Consumer Confidence
Apr -23.9 -18.70 -20
2026-05-28 08:30 AM
Consumer Confidence
May -27.10 -23.90 -26
2026-06-29 08:30 AM
Consumer Confidence
Jun -27.10 -17


Related Last Previous Unit Reference
Consumer Confidence -27.10 -23.90 points May 2026
Consumer Spending 39087.58 39035.40 EUR Million Mar 2026
Disposable Personal Income 81383.25 78816.51 EUR Million Dec 2025
Personal Savings 12.10 12.20 percent Dec 2025
Retail Sales MoM -0.70 2.30 percent Apr 2026
Retail Sales YoY 4.90 6.00 percent Apr 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-27.10 -23.90 -0.80 -46.80 1997 - 2026 points Monthly
NSA

News Stream
Portugal Consumer Confidence at 2024-Lows
The consumer confidence index in Portugal fell to -27.1 in May 2026, down from -23.9 in April, marking the lowest level since January 2024. The deterioration in sentiment was broad-based regarding the last 12 months, the index measuring the increase in prices rose to 63.2 from 57.2 last month, while household sentiment weakened to -15.5 from -12.7 and views on the country’s economic situation declined to -50.7 from -43.8. Looking ahead, expectations for countrie’s economy also deteriorated to -48.5 from -42.2, amid rising concerns over prices (66.4 vs 61.1) and unemployment (27.7 vs 25.3). In contrast, uncertainty regarding future household financial conditions improved slightly to -18.1 from -20.8.
2026-05-28
Portugal Consumer Confidence Falls to 2-Year Low
The consumer confidence index in Portugal fell to -23.9 in April of 2026 from -18.7 in the previous month, reflecting the largest magnitude of pessimism in over two years. The index measuring the evolution of prices rose to 57.2 from 50.6 and the index measuring household's financial situation fell to -12.7 from -9.1, both consistent with the jump in energy prices amid the outbreak of war in the Middle East. Consistently, expectations on the country's economic situation over the next year worsened to -42.2 from -32.2, while that for households' financial situation dropped to -10.8 from -5.
2026-04-29
Portugal Consumer Confidence Deteriorates for 2nd Month
The consumer confidence index in Portugal inched lower for a second month to -15.3 in February of 2026 from -14.7 in the previous month, reflecting the largest magnitude of pessimism since October of the previous year. Expectations on the country's economic situation over the upcoming year deteriorated (-24 vs -22.5 in January), although the gauge measuring expectations on household's financial situation pointed to a softer amount of pessimism (-1.7 vs -1.9). In the meantime, Portuguese households indicated higher inflation expectations (37.7 vs 33.2).
2026-02-26