Portugal - Confiança do Consumidor

Consumer confidence indicator in Portugal went up to -6.9 in November 2019 from -7.2 in the previous month, the highest since December 2018. Expectations improved for all main components: household’s financial situation (3.7 vs 2.8 in October); country’s economic situation (-2.1 vs -2.5) and major purchases (-25.3 vs -25.9). Meantime, the current assessment on household's financial situation deteriorated (-3.8 vs -3.2).

Consumer confidence indicator in Portugal dropped to -7.2 in October 2019 from -7.1 in September, following six consecutive monthly rises. The slight deterioration resulted from the negative contributions of the perspectives regarding major purchases (-25.9 from -25.1 in September) and the current assessment on household's financial situation (-3.2 from -3.0). Meanwhile, improvements were seen in expectations regarding the country's economic situation (-2.5 from -2.8) and household financial situation over the next 12 month (2.8 from 2.5).

Consumer confidence indicator in Portugal went up to -7.1 in September 2019 from -7.6 in the previous month, the highest since December 2018. September's improvement resulted from the positive contribution of all the components, namely household financial situation over the past 12 months (-3.0 from -3.1) and prospects regarding the country's economic situation (-2.8 from -3.0); major purchases (-25.1 from -26.2) and household financial situation over the next 12 months (2.5 from 2.1).

The consumer confidence indicator in Portugal rose to -7.6 in August 2019, the highest since January, from -8.0 in the previous month. August's improvement resulted from the positive contribution of all the components, namely household financial situation over the past 12 months (-3.1 from -3.3) and prospects regarding the country's economic situation (-3.0 from -3.8); major purchases (-26.2 from -26.6) and household financial situation over the next 12 months (2.1 from 1.9).

The consumer confidence indicator in Portugal increased to -8 in July 2019, the highest since January, from -8.3 in the previous month, boosted by an improvement in household financial situation over the past 12 months (-3.3 vs -3.4) and major purchases climate (-26.6 vs -28.4). By contrast, there was a deterioration in expectations over the next 12 months regarding the financial situation (1.9 vs 2.2) and the country's economy (-3.8 vs -3.4).

The Portuguese consumer confidence indicator increased to -8.3 in June of 2019 from -9 in the previous month. It was the highest reading since February, amid improvements in households' expectations over the next 12 months regarding their financial situation (2.2 from 1.9 in May); the country’s economic situation (-3.4 from -5.1) and propensity to make major purchases (-28.4 from -29.4). In contrast, savings propensity dropped (-19 from -18.8) and inflation expectations remained unchanged (at 11.3).