The consumer confidence in Portugal rose to -26.2 in December of 2020 from -26.9 in November, mainly due to better prospects regarding the country's economic situation (-46.2 vs -49.5 in November). Meantime, expectations regarding the household financial situation for the next 12 months did not change (at -8.5). On the other hand, the propensity to make major purchases decreased slightly (-35.3 vs -34.5). source: Statistics Portugal
Consumer Confidence in Portugal averaged -17.78 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 January of 2021.
Consumer Confidence in Portugal is expected to be -17.00 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 -10.00 points in 2022, according to our econometric models.