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| Characteristic | Description | 
|---|---|
| Name | Confidence indicator (Seasonal adjusted balance) for trade by Type of trade; Monthly | 
| Regularity | Monthly | 
| Source | Statistics Portugal, Short-term statistics on business - trade, 2025 | 
| First available period | January 1989 | 
| Last available period | October 2025 | 
| Dimensions | 
								
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| Concepts | 
								
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| Definition | Trade Confidence Indicator is calculated according to the methodology of the EC - DG ECFIN, and corresponds to the arithmetic mean of the balances of the following questions: - How has (have) your business activity (sales) developed over the past 3 months? It has ... (They have...) 1. + improved (increased); 2. = remained unchanged; 3. - deteriorated (decreased). - How do you expect your business activity (sales) to change over the next 3 months? It (They) will... 1. + improve (increase); 2. = remain unchanged 3. - deteriorate (decrease). - [Inverted Sign] Do you consider the volume of stock you currently hold to be...? 1. + too large (above normal); 2. = adequate (normal for the season); 3. - too small (below normal). Values are seasonally adjusted. | 
| Measure unit (symbol) | Percentage (%) | 
| Power of 10 | 0 | 
| Observations | Manufacturing Industry Confidence Indicator is calculated according to the methodology of the EC - DG ECFIN. | 
| Last update date | 30/10/2025 | 
				information presented in 4/11/2025