Portugal: Economic sentiment worsens in September
Latest reading: Economic sentiment declined to 105.1 in September, following August’s 107.0. Still, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
In September, sentiment worsened in the industrial sector (-3.4 vs -3.1 in August), the construction sector (+2.4 vs +2.6 in August), the services sector (+8.9 vs +12.9 in August) and the retail sector (+3.4 vs +3.5 in August). However, sentiment improved among consumers (-17.1 vs -17.2 in August).