The 3-month moving average of consumer confidence improved from 56.6 points in January to minus 54.3 points in February. Despite the improvement, the reading remains just a notch above the historic low recorded in January. According to the statistical institute, the improvement in consumer confidence was driven by higher readings in all its components, except for the employment perspectives category. Meanwhile, the 3-month moving average of business confidence deteriorated from minus 24.1 points in January to minus 24.5 points in February. Moreover, the 3-month moving average of the economic climate indicator continued the downward trend in place since July 2010, falling from minus 4.7 points in January to minus 4.9 points in February, which represents the lowest value of the series.
Portugal Economic Sentiment
Consumer and business confidence remain negative
February 28, 2012
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Portugal Economic News
September 30, 2016
Portugal’s industrial production edged up in August after July’s drop.
September 29, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 12.7 points in August to minus 11.3 points in September.
August 31, 2016
Portugal’s GDP increased a seasonally adjusted 0.3% in Q2 over the previous quarter, according to revised data published by the National Statistics Institute on 31 August.
August 30, 2016
Portugal’s industrial production edged down again in July after June’s rebound.
August 30, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 13.1 points in July to minus 12.7 points in August.