Portugal consumer confidence edges down as business sentiment slips in September 2026

  • Portugal’s consumer confidence fell to -20.6 and business confidence to 2.8 in September 2026.
  • Consumer price expectations rose to 46.5, while trade confidence dropped to 1.7 from 3.0.
  • Construction and trade sentiment weakened, while manufacturing and services improved slightly and all sectors expected faster price growth.

Portugal’s consumer confidence index edged down to -20.6 in September 2026 from -20.5 in August, ending three consecutive monthly improvements, while the business confidence indicator slipped to 2.8 from 2.9. Consumers reported weaker views of their household finances and the country’s economic situation, and price expectations increased to 46.5 from 45.4. In business surveys, construction and trade sentiment weakened, including a sharp decline in overall trade, while manufacturing and services improved slightly; all sectors expected faster price growth.

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