Lisbon, Portugal street

Portugal Economic Sentiment March 2022

Portugal: Consumer sentiment tanks, economic climate broadly stable in March

Consumer confidence collapsed to minus 34.1 in March, down from minus 14.5 in February. The print marked the lowest reading since April 2020.

Meanwhile, the three-month moving average of the economic climate indicator ticked up to 2.2 in March, from February’s 2.1.

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