Portugal Retail Sales MoM  Forecast


Retail Sales MoM in Portugal is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Portugal to stand at 1.90 in 12 months time. In the long-term, the Portugal Retail Sales MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.

Portugal Retail Sales MoM
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Portugal Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 2.3 -1.2 -3.6 -3.4 -2.2 -8.2
Retail Sales MoM -0.6 -1.2 -1.6 -2.2 1.9 0.4
Retail Sales YoY 3.9 3.4 3.6 2.9 3.2 2.2
Consumer Spending 28582 29220 29540 29650 29850 34630
Personal Savings 3.8 3.2 3.4 3.6 3.6 5.8
Consumer Credit 115026 115400 114800 114900 115100 116900
Households Debt To Gdp 72.8 71.4 70.6 69.5 68.8 57.1
Households Debt To Income 106 104 104 103 103 96.4
Personal Spending 2.7 2.8 2.9 2.9 3 2.6
Bank Lending Rate 3.08 3.3 3.4 3.4 3.4 3.8
Disposable Personal Income 39958 40050 40890 41290 41770 46120
Gasoline Prices 1.74 1.61 1.62 1.6 1.58 1.65
Consumer Confidence Economic Expectations 12.59 13.97 14.86 14.87 14.99 14.98
Consumer Confidence Financial Expectations 3.36 3.74 4.03 4.05 4.11 4.11
Consumer Confidence Savings Expectations -26.4 -26.39 -26.32 -26.25 -26.29 -26.27
Consumer Confidence Unemployment Expectations -17.17 -20.44 -21.85 -22.41 -22.64 -22.8