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Consumer confidence and economic climate indicators increase
Business and consumer surveys
Consumer confidence and economic climate indicators increase - October 2020
29 October 2020


In October, the Consumer confidence indicator increased, resuming the recovery profile started in July, but still standing significantly below pre-pandemic levels.
The economic climate indicator continued to increase, more moderately in the last two months. In October, confidence indicators increased in Construction and Public Works, in Trade and in Services, and stabilized in Industry.

Despite the circumstances determined by the pandemic COVID-19, Statistics Portugal calls for the best collaboration by companies, families and public entities in responding to Statistics Portugal’s data requests. The quality of official statistics, particularly its ability to identify the impacts of the pandemic COVID-19, crucially depends on this collaboration, which Statistics Portugal thanks in advance.

Press release
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