The 3-month moving average of the economic climate indicator in Portugal edged up to 2 in December of 2021 from 1.9 in the previous month. Sentiment improved among service providers (14 vs 11.8 in November), traders (4.4 vs 3.8) and manufacturers (-2.1 vs -2.7). Meanwhile, constructors were more pessimistic (-5.9 vs -5.7). source: Statistics Portugal
Business Confidence in Portugal averaged 1.62 points from 1989 until 2021, reaching an all time high of 5.10 points in March of 1989 and a record low of -4.70 points in June of 2020. This page provides the latest reported value for - Portugal Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Business Confidence in Portugal is expected to be 1.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Business Confidence is projected to trend around 2.30 points in 2023, according to our econometric models.