Portugal's business confidence indicator rose to 2.9 in August 2026 from 2.8 in July, reaching its highest level since February. Sentiment held elevated among service providers at 8.4, while confidence among constructors improved to 4.9% from 4.6. Manufacturers' confidence weakened to -4.4 from -4.3, and traders' confidence fell to 3 from 3.7, with retailers declining to 6.1 from 6.4 and wholesalers dropping to -0.1 from 0.9. Separately, consumer confidence rose to -20.5 from -22.6, extending its improvement to a third consecutive month as perceptions of economic and household financial conditions improved and assessments of price developments became less negative.