The consumer confidence indicator in Portugal fell to -26.3 in September of 2020 from -26 in August, after improving in the previous two months. The current assessment on household's financial situation worsened (-15.5 vs -15.1 in August) and expectations about the economic situation in the country deteriorated (-47.2 vs -44.3). Meantime, there were decreases in the sub-indexes measuring households' financial situation over the next 12 months (-36.3 vs -38.2) and major purchases (-34.7 vs -36.3).
Consumer Confidence in Portugal averaged -17.69 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 October of 2020.
Consumer Confidence in Portugal is expected to be -24.00 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 -12.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -12.00 points in 2021 and -10.00 points in 2022, according to our econometric models.