Portugal Consumer Confidence at 2024-Lows

2026-05-28 08:41 By Larissa Caser 1 min. read

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.



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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).
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