Portugal Consumer Confidence Improves In August

Portugal’s consumer confidence increased in August, data from Statistics Portugal showed on Friday.

The consumer confidence index rose to -25.3 in August from -27.1 in July.

The manufacturing confidence indicator increased to -13.6 in August from -14.0 in the preceding month.

The construction sector morale rose to -13.4 in August from -17.9 in the prior month.

The index reflecting the morale in the trade sector improved to -7.5 in August and the confidence measure in the services sector rose to -27.5.

The economic climate indicator rose to -0.3 in August from -1.2 in the previous month.

The three-month moving average of the consumer confidence index improved to -26.0 from -28.3 in July.

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