Consumer confidence in Portugal rose further to -30.1 in May of 2022, from -32.9 in the previous month. It was the highest reading since February, as expectations improved regarding the evolution of the country’s economic situation (-45.6 vs -53.1 in April) and the households’ financial situation (-16 vs -19). However, intentions to make major purchases declined (-36.5 vs -34.8) as did savings propensity (-36 vs -34.5). source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.84 points from 1997 until 2022, reaching an all time high of -0.10 points in September of 1997 and a record low of -47.80 points in October 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 June of 2022.
Consumer Confidence in Portugal is expected to be -8.00 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 -7.00 points in 2023 and -10.00 points in 2024, according to our econometric models.