The consumer confidence indicator in Portugal tumbled to -21 in April of 2020 from -9.9 in the previous month, the lowest since September of 2014. Expectations worsened for the country’s economic situation over the next 12 months (-34.1 vs -152.2) and major purchases (-35.5 vs -27.2). Also, the assessment of the household's financial situation was more pessimistic regarding the current situation (-5.0 vs -2.3) and future situation (-9.1 vs 2.1).
Consumer Confidence in Portugal averaged -17.48 points from 1997 until 2020, reaching an all time high of -0.80 points in November of 1997 and a record low of -46.80 points in December 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 May of 2020.
Consumer Confidence in Portugal is expected to be -34.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Portugal to stand at -19.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -16.00 points in 2021 and -12.00 points in 2022, according to our econometric models.