Personal Spending in Portugal increased 2.40 percent in October of 2022 over the previous month. source: Banco de Portugal

Personal Spending in Portugal averaged 1.79 percent from 1978 until 2022, reaching an all time high of 7.50 percent in September of 2021 and a record low of -8.70 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 December of 2022.

Personal Spending in Portugal is expected to be 1.00 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 1.20 percent in 2023 and 1.70 percent in 2024, according to our econometric models.

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Portugal Private Consumption YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 11:20 AM Sep 2.3% 2.9% 2.2%
2022-11-17 12:45 PM Oct 2.4% 2.9% 1.7%
2022-12-22 11:00 AM Nov 1.3%


Related Last Previous Unit Reference
Consumer Credit 129079.10 128957.30 EUR Million Oct 2022
Personal Spending 2.40 2.30 percent Oct 2022
Bank Lending Rate 3.97 3.27 percent Oct 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.30 7.50 -8.70 1978 - 2022 percent Monthly
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