Portugal Consumer Confidence Improves Again In October

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Thursday, the Statistics Portugal announced that the consumer confidence indicator stood at minus 27 in October, up from minus 29.5 in September. A year ago, the consumer confidence was minus 35.3.

The confidence indicator on manufacturing sector rose to minus 18.6 in October from minus 20.7 in September. A year earlier, the indicator was minus 13.6.

In October, services confidence increased to minus 4.7 from minus 5.8 in September, while the confidence indicator on trade rose to minus 10.6 from minus 12.4.

Meanwhile, the economic sentiment indicator stood at minus 0.4 in October, up from minus 0.8 in September. A year ago, the indicator was minus 0.3.

Thursday, the Statistics Portugal announced that the consumer confidence indicator stood at minus 27 in October, up from minus 29.5 in September. A year ago, the consumer confidence was minus 35.3. (Market News Provided by RTTNews)