Portugal Consumer Confidence Falls to 2-Year Low

2026-04-29 09:08 By Andre Joaquim 1 min. read

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.



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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
Portugal Consumer Pessimism Increases
The consumer confidence index in Portugal inched lower in January of 2026 to -14.7 from the one-year high of -14.5 in the previous month, marking the first deterioration in pessimism since September of the previous year. Consumers noted a higher uncertainty on their financial balances (-23.2 vs -23 in December 2025), denting consumers' expectations on their financial situation in the upcoming year (-1.9 vs -1.5). Additionally, pessimism increased for expectations on the country's economic situation in the upcoming year (-22.5 vs -21.6).
2026-01-29