Consumer Opinion Surveys: Composite Consumer Confidence for Portugal
CSCICP02PTM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-16.00
Year-over-Year Change
-4.19%
Date Range
6/1/1986 - 6/1/2025
Summary
The Consumer Opinion Surveys: Composite Consumer Confidence for Portugal measures overall consumer sentiment in the Portuguese economy. This key indicator helps policymakers and analysts assess household spending and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Composite Consumer Confidence indicator aggregates survey responses from Portuguese consumers on their perceptions of the current and future economic situation. It provides a broad measure of consumer optimism that is widely used to forecast household consumption patterns.
Methodology
The data is collected through monthly household surveys conducted by Statistics Portugal.
Historical Context
Consumer confidence is a leading indicator monitored by the European Central Bank and other institutions to gauge economic conditions.
Key Facts
- Portugal's consumer confidence indicator is benchmarked to 2015 = 100.
- The index reached a record high of 101.5 in January 2020 before the COVID-19 pandemic.
- Consumer confidence fell sharply to 66.9 in April 2020 due to the economic impact of lockdowns.
FAQs
Q: What does this economic trend measure?
A: The Consumer Opinion Surveys: Composite Consumer Confidence for Portugal measures overall consumer sentiment and optimism in the Portuguese economy.
Q: Why is this trend relevant for users or analysts?
A: Consumer confidence is a leading indicator that provides insights into household spending patterns and economic conditions. It is closely monitored by policymakers and institutions.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by Statistics Portugal.
Q: How is this trend used in economic policy?
A: The consumer confidence index is used by the European Central Bank and other institutions to gauge economic conditions and forecast household consumption.
Q: Are there update delays or limitations?
A: The consumer confidence data for Portugal is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Composite Consumer Confidence for Portugal (CSCICP02PTM460S), retrieved from FRED.