Consumer confidence · Portugal

Portugal Consumer Confidence

The Portugal Consumer Confidence measures how households in Portugal feel about their finances, the economy and their plans for big purchases.

Importance
Low
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with the Banco de Portugal)

Latest figures

The latest release for OCT, published on 29 October 2026, came in at -23.10, down from -20.60 the time before.

Over the last 12 releases it ranged from -27.10 to -14.50, averaging -20.18; it has been falling for three releases in a row.

Nov 2025: -15.20Jan 2026: -14.50Jan 2026: -14.70Feb 2026: -15.30Mar 2026: -18.70Apr 2026: -23.9May 2026: -27.10Jun 2026: -25.90Jul 2026: -22.60Aug 2026: -20.50Sep 2026: -20.60Oct 2026: -23.10 Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026OCT-23.10–-20.60
29 Sep 2026SEP-20.60–-20.50
28 Aug 2026AUG-20.50–-22.60
30 Jul 2026JUL-22.60–-25.90
29 Jun 2026JUN-25.90–-27.10
28 May 2026MAY-27.10–-23.90
29 Apr 2026APR-23.9–-18.70
30 Mar 2026MAR-18.70–-15.30
26 Feb 2026FEB-15.30–-14.70
29 Jan 2026JAN-14.70–-14.50
2 Jan 2026DEC-14.50–-15.20
27 Nov 2025NOV-15.20–-15.90

See it in the economic calendar →

Why it matters

Household spending is the largest part of most economies. Confidence surveys come out early in the month and help forecast spending; they also capture inflation worries and political shocks quickly.

How it is calculated

A representative sample of households answers questions on current and expected conditions; answers are combined into a balance (positive minus negative) or an index relative to a base year.

What changes mean

  • Confidence and actual spending often diverge in the short run; trends matter more than one month.
  • Sharp drops after shocks (energy prices, elections) tend to recover if jobs hold up.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.

A short history

George Katona started the University of Michigan's Surveys of Consumers in 1946; the European Commission and many national institutes run similar surveys today.

Questions

What is the Portugal Consumer Confidence?

The Portugal Consumer Confidence measures how households in Portugal feel about their finances, the economy and their plans for big purchases.

What was the latest Portugal Consumer Confidence?

-23.10 for OCT, published on 29 October 2026.

When is the next Portugal Consumer Confidence?

On Friday 27 November 2026 at 09:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.