The consumer confidence in Portugal rose to -12.8 in May 2021, from -17.1 in the previous month. source: Statistics Portugal

Consumer Confidence in Portugal averaged -17.78 points from 1997 until 2021, 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 June of 2021.

Consumer Confidence in Portugal is expected to be -12.00 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 -6.00 in 12 months time. In the long-term, the Portugal Consumer Confidence is projected to trend around -7.00 points in 2022 and -10.00 points in 2023, according to our econometric models.

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Portugal Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-12.80 -17.10 -0.10 -47.80 1997 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-25 09:30 AM Feb -25.8 -23.1 -20
2021-03-30 08:30 AM Mar -23 -24.4 -22
2021-04-29 08:30 AM Apr -21 -23 -20
2021-05-28 08:30 AM May -16.7 -21 -17
2021-06-29 08:30 AM Jun -12.8 -10
2021-07-29 08:30 AM Jul
2021-08-27 08:30 AM Aug
2021-09-29 08:30 AM Sep


News Stream
Portugal Consumer Confidence Improves for 6th Straight Month
The consumer confidence in Portugal rose to -16.7 in May of 2021 from -21 in April, reaching the highest reading since March of 2020 when the pandemic outbreak started. Consumers were less pessimistic regarding unemployment for the next 12 months (37.7 vs 52.4), as lockdown measures were lifted, and the vaccination rollout is gathering pace. In addition, they also reported brighter expectations for their households’ financial situation (-1.8 vs -4.2 in April), the country’s economic situation (-20.1 vs -32.1), savings opportunities (-18.0 from -20.0); and goods purchases (-30.5 from -32.9).
2021-05-28
Portugal Consumer Confidence Recovers to Last Year's Level
The consumer confidence in Portugal rose to -21.0 in April of 2021 from -23 in the previous month, making it the highest reading since last April, when the country was under strict lockdown measures to curb the spread of COVID-19. Surveyed consumers revealed brighter perceptions for the following 12 months, particularly in terms of their households’ financial situation (-4.2 vs -6.3 in March), the country’s economic situation (-32.1 vs -36.3), unemployment evolution (52.4 vs 57.7), savings opportunities (-20.0 from -20.8); and acquiring equipment goods (-32.9 from -34.5).
2021-04-29
Portugal Consumer Confidence at 11-Month High
The consumer confidence in Portugal rose to -23.0 in March of 2021 from -24.4 in February, the least pessimistic since April of last year, mainly due to less negative outlooks for the next 12 months in households’ financial situation (-6.3 from -7.6 in February); regarding the country's economic situation (-36.3 from -39.9); in savings opportunities (-20.8 from -21.4); and acquiring equipment goods (-34.5 from -35.2). In contrast, households' financial situation in the last 12 months deteriorated (-15.1 from -14.9).
2021-03-30
Portugal Consumer Confidence at 3-Month Low
The consumer confidence in Portugal fell to -25.8 in February of 2021 from -23.1 in January, the most pessimistic since November of last year, mainly due to a drop in prospects regarding the country's economic situation (-44.2 from -35.4 in January) and in the propensity to make major purchases (-36.6 from -34). Meanwhile, households' financial situation in the last 12 months kept unchanged (-15.3), while its expectations for the next 12 months slightly improved (-7.0 from -7.9).
2021-02-25

Portugal Consumer Confidence
In Portugal, the consumer confidence index on three terms moving averages is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. It is estimated using the difference between the share of positive evaluation responses and negative evaluation responses, but do not include the share of neutral responses. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends.