Business Confidence

The Business Confidence released by Statistics Portugal is a survey of the current business condition in Portugal. It indicates the performance of the overall economy in a short-term view. A positive economic growth anticipates bullish movements for the EUR, whereas a negative growth is seen as bearish.

Next event - Thursday 28 November 2024 09:30

Previous
2.1
Actual
-

The typical/expected market impact of this event is low.

Most recent - Wednesday 30 October 2024 09:30

Previous
1.8
Revised
-
Actual
2.1

Trading range

Announcement history

The most recent announced value for Business Confidence was 2.1.

Past events

Date
Actual
Wednesday 30 October 2024 09:30
2.1
Friday 27 September 2024 08:30
1.8
Thursday 29 August 2024 08:30
1.7
Tuesday 30 July 2024 08:30
1.8
Thursday 27 June 2024 08:30
1.9
Wednesday 29 May 2024 10:00
1.9
Monday 29 April 2024 08:30
1.8
Wednesday 27 March 2024 09:30
1.8
Wednesday 28 February 2024 09:30
1.7
Tuesday 30 January 2024 09:30
1.5
Tuesday 2 January 2024 11:00
1.2
Wednesday 29 November 2023 09:30
1
Monday 30 October 2023 09:30
1
Thursday 28 September 2023 08:30
1.3
Wednesday 30 August 2023 08:30
1.5
Friday 28 July 2023 08:30
1.5
Thursday 29 June 2023 08:30
1.8
Tuesday 30 May 2023 08:30
2
Thursday 27 April 2023 08:30
2.3
Thursday 30 March 2023 08:30
2
Monday 27 February 2023 09:30
1.7
Monday 30 January 2023 09:30
1.4
Monday 2 January 2023 11:00
1.2
Tuesday 29 November 2022 09:30
1.2
Friday 28 October 2022 08:30
1.3
Thursday 29 September 2022 08:30
1.6
Tuesday 30 August 2022 08:30
1.7
Thursday 28 July 2022 08:30
1.8
Wednesday 29 June 2022 08:30
1.9
Monday 30 May 2022 08:30
2
Thursday 28 April 2022 08:30
2.3
Wednesday 30 March 2022 08:30
2.1
Friday 25 February 2022 09:30
2.5
Friday 28 January 2022 09:30
1.9
Tuesday 4 January 2022 11:00
2
Monday 29 November 2021 09:30
1.9

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Business Confidence result:

PreviousLatest
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%

About Business Confidence

Country:Portugal
Currency:EUR
Source:
Category:Economic Activity
Frequency:Monthly

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