Retail sales · Portugal
Portugal Retail Sales MoM
The Portugal Retail Sales MoM measures the value or volume of goods sold by shops and online retailers in Portugal.
- Importancia
- Medium
- Publicado
- Monthly
- Próxima publicación
- Divisa
- EUR · euro
- Banco central
- The European Central Bank (with the Banco de Portugal)
Últimas cifras
El último dato, de SEP, se publicó el 2026-11-02 y fue -1%. No cambia respecto a -1% la vez anterior (revisado).
En las últimas 12 publicaciones osciló entre -3.2% y 2.3%, con una media de 0.4%. Ha bajado tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 2 Nov 2026 | SEP | -1% | – | -1% ® |
| 30 Sep 2026 | AUG | -0.7% | – | -0.1% ® |
| 28 Aug 2026 | JUL | 0.0% | – | 1.4% ® |
| 30 Jul 2026 | JUN | 1.7% | – | -0.2% ® |
| 29 Jun 2026 | MAY | 0.3% | – | -0.7% |
| 4 May 2026 | MAR | 1.8% | – | -0.6% ® |
| 27 Mar 2026 | FEB | 0.7% | – | 1.8% ® |
| 2 Mar 2026 | JAN | 2% | – | -3.1% ® |
| 29 Jan 2026 | DEC | -3.2% | – | 2.4% ® |
| 30 Dec 2025 | NOV | 2.3% | – | -0.1% ® |
| 2 Dec 2025 | OCT | 0.3% | – | 0.5% ® |
| 30 Oct 2025 | SEP | 0.2% | – | -0.9% ® |
Por qué importa
Retail sales are the most timely measure of household spending, the largest part of the economy. Strong sales support growth and the euro; weak sales raise recession worries. In the US the "control group" (without autos, petrol, building materials and food services) feeds directly into GDP.
Cómo se calcula
Statistics Portugal (INE) surveys retailers on their monthly sales; value figures include price changes, volume figures remove them. Seasonal adjustment removes holiday patterns.
Change (mom) = sales this month ÷ sales last month − 1Qué significan los cambios
- Compare value and volume: rising value with falling volume is inflation, not stronger demand.
- Ex-autos and ex-fuel versions remove the most volatile parts.
- Revisions to the previous month can change the picture.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Una breve historia
The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.
Preguntas
What is the Portugal Retail Sales MoM?
The Portugal Retail Sales MoM measures the value or volume of goods sold by shops and online retailers in Portugal.
What was the latest Portugal Retail Sales MoM?
-1% for SEP, published on 2 November 2026.
When is the next Portugal Retail Sales MoM?
On Friday 27 November 2026 at 11:00 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.