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Consumer confidence indicator decreases and economic climate indicator intensifies reduction
Business and consumer surveys
Consumer confidence indicator decreases and economic climate indicator intensifies reduction -
25 February 2021

Summary


In February, the Consumer confidence indicator diminished, after increasing in the previous two months, less markedly in January.
The economic climate indicator intensified in February the reduction observed in the previous month, decreasing to a level close to that observed in July 2020. In February, there were marked decreases in the confidence indicators of Trade and, in particular, of Services, while in Construction and Public Works, the indicator decreased slightly. Conversely, the Manufacturing Industry confidence indicator increased in the last month.

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.


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