Portugal: Consumer and business sentiment deteriorate slightly in July
June 29, 2012
The consumer confidence index inched down from minus 49.4 points in June to minus 49.6 points in July, thus remaining deeply mired in negative territory. At the current level, consumer sentiment is 0.2 points below the levels observed in the same month last year. Meanwhile, the business confidence indicator fell from minus 19.4 points in June to minus 20.2 points in July. As a result, business sentiment is now 0.2 points below the level observed a year ago.