Personal Spending in Portugal increased 5.50 percent in December of 2021 over the previous month. source: Banco de Portugal

Personal Spending in Portugal averaged 1.73 percent from 1978 until 2021, reaching an all time high of 7 percent in August of 2021 and a record low of -8.40 percent in July of 2020. This page provides - Portugal Personal Consumption YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Private Consumption YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Personal Spending in Portugal is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Private Consumption YoY is projected to trend around 2.40 percent in 2023, according to our econometric models.

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Portugal Private Consumption YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-12-17 11:30 AM Nov 6% 6.5% 6.4%
2022-01-20 12:30 PM Dec 5.5% 6.1% 5.6%
2022-02-17 11:30 AM Jan 5.5%

Related Last Previous Unit Reference
Consumer Credit 124712.60 124468.60 EUR Million Nov/21
Personal Spending 5.50 6.10 percent Dec/21
Bank Lending Rate 2.17 2.25 percent Nov/21
Portugal Private Consumption YoY
In Portugal, private consumption year-on-year refers to the annual change of the coincident indicator for the Portuguese personal consumption that includes eight major indicators: real private consumption; real retail trade turnover index; sales of light passenger vehicles; retail sales volume (trade survey); tourism nights spent by residents in Portugal; real industrial turnover index of consumer goods in the domestic market; households’ financial situation; and general economic situation (consumers’ survey).