Portugal’s consumer confidence index fell to -23.1 in October 2026, down from -20.6 in September. Over the past twelve months, households’ perceptions of their financial situation worsened (-15.9 vs. -13.8), alongside a deterioration in views of the country’s economic outlook. Inflation concerns intensified, while intentions to make major purchases weakened (-65.6 vs. -62.3). Looking ahead, households expect their financial situation to deteriorate further, with the index falling to -9.2 from -7. Meanwhile, financial uncertainty eased slightly (-19.9 vs. -20.9), although pessimism regarding the country’s economic situation deepened, with the index declining to -39.3 from -35. source: Statistics Portugal

Consumer Confidence in Portugal decreased to -23.10 points in October from -20.60 points in September of 2026. Consumer Confidence in Portugal averaged -18.59 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 November of 2026.

Consumer Confidence in Portugal decreased to -23.10 points in October from -20.60 points in September of 2026. Consumer Confidence in Portugal is expected to be -22.00 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 -16.00 points in 2027 and -17.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-29 08:30 AM
Consumer Confidence
Sep -20.60 -20.50 -20
2026-10-29 09:30 AM
Consumer Confidence
Oct -23.10 -20.60 -20.4
2026-11-27 09:30 AM
Consumer Confidence
Nov -23.10


Related Last Previous Unit Reference
Consumer Confidence -23.10 -20.60 points Oct 2026
Consumer Spending 39640.40 39235.90 EUR Million Jun 2026
Disposable Personal Income 80926.35 76440.26 EUR Million Jun 2026
Personal Savings 12.10 12.40 percent Jun 2026
Retail Sales MoM -1.00 -1.00 percent Sep 2026
Retail Sales YoY 0.10 2.00 percent Sep 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
-23.10 -20.60 -0.80 -46.80 1997 - 2026 points Monthly
NSA

News Stream
Portugal Consumer Pessimism Deepens in October
Portugal’s consumer confidence index fell to -23.1 in October 2026, down from -20.6 in September. Over the past twelve months, households’ perceptions of their financial situation worsened (-15.9 vs. -13.8), alongside a deterioration in views of the country’s economic outlook. Inflation concerns intensified, while intentions to make major purchases weakened (-65.6 vs. -62.3). Looking ahead, households expect their financial situation to deteriorate further, with the index falling to -9.2 from -7. Meanwhile, financial uncertainty eased slightly (-19.9 vs. -20.9), although pessimism regarding the country’s economic situation deepened, with the index declining to -39.3 from -35.
2026-10-29
Portugal Consumer Confidence Edges Lower
Portugal's consumer confidence index edged down to -20.6 in September 2026 from -20.5 in August, the first decline after three consecutive monthly improvements. Consumers were slightly more pessimistic about households' financial situation (-13.8 vs -13.6 in August) and the country's economic situation (-52.6 vs -51.7) over the last year, while the balance of opinions on past price developments eased to 58.5 from 59.8. Looking ahead, expectations on the country's economic conditions softened (-35 vs -34.8) and those on households' financial situation were unchanged at -7, while price expectations increased to 46.5 from 45.4.
2026-09-29
Portugal Consumer Sentiment Improves
The consumer confidence indicator in Portugal rose to -20.5 in August of 2026 from -22.6 in the previous month, a third consecutive improvement since pessimism peaked at an over two-year low in May. The data reflected a moderation in the impact of soaring fuel prices due to the halt of petrol supply from the Middle East since the outbreak of war in Iran. Improvements were noted in the country's economic situation in the last year (-51.7 vs -53.7 in July), household's financial situation through the last year (-13.6 vs -15), and the evolution of prices (59.8 vs 63.8). Looking ahead, surveyees pointed to improvements in household's financial situation (-7 vs -8.8) and the country's economic conditions (-34.8 vs -38.9).
2026-08-28