The consumer confidence in Portugal dropped to -11 in October of 2021 from -9.9 in the previous month. Respondents' sentiment deteriorated for the country’s economic situation (-43 vs -39.2 in September) and households’ financial situation (-12.6 vs -9.6) over the last 12 months, while negative sentiment improved for major purchases (-61.8 vs -63.2) over the past year. At the same time, pessimism increased for the country’s economic situation (-3.8 vs -1.3), while confidence declined for households’ financial situation (0.1 vs 0.9) over the coming 12 months. On the price front, inflation was seen increasing significantly for the current year (39.5 vs 26.4) and the for the future 12 months (36 vs 23.6). source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.69 points from 1997 until 2021, reaching an all time high of -0.10 points in September of 1997 and a record low of -47.80 points in October 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 November of 2021.
Consumer Confidence in Portugal is expected to be -16.00 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 -7.00 points in 2022 and -10.00 points in 2023, according to our econometric models.