Business confidence in Portugal rose slightly to 2.8 in June 2026, its highest level in four months, after holding steady at 2.7 in May. Sentiment improved among service providers (8.5 vs 8.3), construction firms (4.3 vs 3.8) and traders (4.2 vs 3.3), with a particularly strong gain among retailers (6.0 vs 4.7). By contrast, confidence among manufacturers weakened further, falling to -4.4 from -3.5.