Portugal Consumer Confidence Remains Weak in November

2025-11-27 09:43 By Agna Gabriel 1 min. read

Portugal’s consumer confidence improved slightly on a three-month moving-average basis, rising to -15.2 in November from -15.9 in October.

However, the month’s effective reading fell after two months of gains.

The decline was driven by weaker expectations for the country’s economic outlook, households’ future finances and major purchases, while views on past financial conditions offered a small positive offset.

Perceptions of past price developments also eased after a strong rise in October, and expectations for future prices fell between September and November.

Meanwhile, the economic climate indicator strengthened, continuing its upward trend since April.

Confidence improved in trade, manufacturing, and construction, though it slipped in services.



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2025-11-27