The August consumer confidence index edged up to minus 48.7 points from minus 49.6 points in July, reaching the highest level since March 2011. Despite the improvement, however, the index remains deeply mired in negative territory. At the current level, consumer sentiment is 0.4 points above the levels observed in the same month last year. Meanwhile, the economic climate indicator rose from minus 4.4 points in July to minus 4.0 points in August, the highest level recorded since November 2011. Nonetheless, despite the improvement, business sentiment is still 1.2 points below the level observed a year ago. The increase came on the back of improvements in the manufacturing and construction sectors, while trade and services remained virtually unchanged.
Portugal Economic Sentiment
Consumer and economic sentiment improve but remain depressed
August 30, 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.