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Consumer confidence indicator decreases and economic climate indicator stabilizes
Business and consumer surveys
Consumer confidence indicator decreases and economic climate indicator stabilizes - August 2024
29 August 2024

Summary

The Consumer confidence indicator decreased in August, after reaching in July the highest value since February of 2022 due to the increases observed since December. The balance of Consumer opinions on past price developments decreased in the last month, after the slight increase observed in July. The balance of perspectives regarding future price developments increased in August, following the decreases observed in the previous two months.

The economic climate indicator stabilized in August, having decreased in June and July. Confidence indicators increased in Manufacturing Industry, moderately in Construction and Public Works and slightly in Trade, having decreased in Services.

The balance of entrepreneurs’ expectations regarding the future evolution of selling prices decreased in August in Manufacturing Industry, in Construction and Public Works and in Trade and increased in Services.


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