Consumer Confidence in Portugal

Instituto Nacional de Estadistica de Portugal · Monthly · Importance 30

-22.6 (Jul-26) ABS · points · Mensual · CSV

About this indicator

Source	Statistics Portugal (INE)
Frequency	Monthly
Release	Ultimo dia habil del mes en curso (encuesta del propio mes de referencia).
What it is	Measures how optimistic or pessimistic Portuguese consumers feel about the past and future state of their finances, the country's economic situation and their intentions to buy durable goods over the next 12 months. It is published as a balance of extreme responses, not as an index based at 100.
How it's calculated	The statistics office INE runs a monthly telephone survey (Inquérito Qualitativo de Conjuntura aos Consumidores) of more than 1,000 households. The indicator is the average of the extreme-response balances of four questions, published seasonally adjusted with a three-month moving average.
Market implications	An improvement points to greater willingness to spend, while sustained falls tend to precede weaker household spending, a key component of Portuguese GDP.
Limitations	A qualitative sentiment gauge rather than a measure of actual spending. The published version uses a three-month moving average, so it lags sharp one-month swings.