Consumer confidence indicator increases and economic climate indicator decreases

Summary

In January, the Consumer confidence indicator increased although less markedly than in the previous month, contrary to the decrease observed in November.
The economic climate indicator decreased in January, in contrast to the increase observed in the previous month, interrupting the recovery profile observed between May and October. In January, confidence indicators decreased in Manufacturing Industry and in Trade, while in Construction and Public Works and in Services recorded increases.

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.