Consumer confidence in Portugal fell to -32.5 in June of 2022, following the increases of the previous two months. The evolution observed in June was due to the negative contributions of all components, in particular, expectations regarding the country's economic situation (-50.2 vs -45.6 in May) and the households’ financial situation (-18.8 vs -16). Also, intentions to make major purchases declined further (-37.6 vs -36.5) as the outlook for prices deteriorated (79.2 vs 76.8). On a more positive note, savings propensity increased for the first time since January (-33.9 vs -36). source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.88 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 July of 2022.
Consumer Confidence in Portugal is expected to be -37.00 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.