FX.co ★ Portugal Consumer Pessimism Eases

The consumer confidence indicator in Portugal showed an improvement, rising to -15.9 in October 2025 from a four-month low of -16.5 recorded in the previous month. Although it continues to be in negative territory, there were notable gains in several areas. Indicators assessing households' financial condition over the past year improved to -9.2 from -9.9 in September. Similarly, perceptions of the nation’s economic situation over the same period registered a slight uptick to -39.2 from -39.5. Additionally, the gauge for the opportunity to make major purchases rose to -54.6, up from -57.2. Looking ahead, survey respondents also exhibited reduced pessimism regarding their personal financial outlook over the next year, with expectations improving to -2 from -2.2. The outlook for the country’s economic situation also saw a modest improvement, moving to -23.6 from -23.7.