Lisbon, Portugal street

Portugal Economic Sentiment May 2022

Portugal: Consumer sentiment improves but economic climate weakens marginally in May

Consumer confidence improved to minus 30.1 in May, up from minus 32.9 in April. The print came amid lower pessimism among households regarding both the future evolution of the country’s economic situation and households’ financial situation in the coming 12 months.

Meanwhile, the three-month moving average of the economic climate indicator ticked down to 2.0 in May, from April’s 2.2. Looking at the details, sentiment among firms in the manufacturing, trade and construction sectors weakened. Contrastingly, firms in the services sector became more optimistic.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest