The 3-month moving average of consumer confidence improved slightly from minus 55.8 points in February to minus 54.5 points in March. Despite the improvement, the reading remains barely above the historic low recorded in January. According to the statistical institute, the improvement in consumer confidence was driven by better prospects regarding the evolution of the country's economic situation as well as households' financial situation. Meanwhile, the 3-month moving average of business confidence improved from minus 24.5 points in February to minus 22.9 points in March. In addition, the 3-month moving average of the economic climate index broke the downward trend in place since October 2010, inching up from a historic-low minus 4.9 points in February to minus 4.7 points in March.
Portugal Economic Sentiment
Consumer and business confidence improve slightly
March 29, 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.