Consumer Confidence in Portugal decreased to -18.70 points in March from -15.30 points in February of 2026. Consumer Confidence in Portugal averaged -18.49 points from 1997 until 2026, reaching an all time high of -0.80 points in November of 1997 and a record low of -46.80 points in December of 2012. source: Statistics Portugal

Consumer Confidence in Portugal is expected to be -16.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Consumer Confidence is projected to trend around -14.00 points in 2027 and -13.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-26 09:30 AM
Consumer Confidence
Feb -15.30 -14.70 -14
2026-03-30 08:30 AM
Consumer Confidence
Mar -18.70 -15.30 -16
2026-04-29 08:30 AM
Consumer Confidence
Apr -18.70


Related Last Previous Unit Reference
Consumer Confidence -18.70 -15.30 points Mar 2026
Consumer Spending 39034.65 38674.15 EUR Million Dec 2025
Disposable Personal Income 81383.25 78816.51 EUR Million Dec 2025
Personal Savings 12.50 12.50 percent Sep 2025
Retail Sales MoM 0.70 1.80 percent Feb 2026
Retail Sales YoY 4.90 4.40 percent Feb 2026


Portugal Consumer Confidence
In Portugal, the consumer confidence index on three terms moving averages is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. It is estimated using the difference between the share of positive evaluation responses and negative evaluation responses, but do not include the share of neutral responses. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends.
Actual Previous Highest Lowest Dates Unit Frequency
-18.70 -15.30 -0.80 -46.80 1997 - 2026 points Monthly
NSA

News Stream
Portugal Consumer Confidence Deteriorates for 2nd Month
The consumer confidence index in Portugal inched lower for a second month to -15.3 in February of 2026 from -14.7 in the previous month, reflecting the largest magnitude of pessimism since October of the previous year. Expectations on the country's economic situation over the upcoming year deteriorated (-24 vs -22.5 in January), although the gauge measuring expectations on household's financial situation pointed to a softer amount of pessimism (-1.7 vs -1.9). In the meantime, Portuguese households indicated higher inflation expectations (37.7 vs 33.2).
2026-02-26
Portugal Consumer Pessimism Increases
The consumer confidence index in Portugal inched lower in January of 2026 to -14.7 from the one-year high of -14.5 in the previous month, marking the first deterioration in pessimism since September of the previous year. Consumers noted a higher uncertainty on their financial balances (-23.2 vs -23 in December 2025), denting consumers' expectations on their financial situation in the upcoming year (-1.9 vs -1.5). Additionally, pessimism increased for expectations on the country's economic situation in the upcoming year (-22.5 vs -21.6).
2026-01-29
Portugal Consumer Confidence Improves
The consumer confidence index in Portugal rose to -14.5 in December of 2025 from -15.2 in the previous month, reflecting the softest magnitude of pessimism in one year. Households noted that their perception of the overall economy improved (-32.3 vs -36.4 in November) over the last year, lifting the current evaluation of their current financial balance (17.3 vs 17.1) and the current appetite to make large purchases (-49 vs -50.4). Looking ahead, expectations for households' financial situation remained at a slightly pessimistic measure (at -1.5), and expectations on Portugal's overall economy improved (-21.6 vs -22.6).
2026-01-02