Portugal Consumer Confidence Improves In October

Portugal’s consumer confidence improved in October, survey data from Statistics Portugal showed on Thursday.

The consumer confidence indicator rose to -24.6 in October from -26.6 in September. This was the highest since March.

The manufacturing confidence index rose to -14.0 in October from -15.3 in the previous month.

The construction sector morale rose to -10.7 from -12.0 in the prior month.

The index reflecting the morale in the trade sector improved to -4.8 in October and the confidence measure in the services sector rose to -14.2.

The three months moving average consumer confidence rose to -25.5 in October from -26.3 in September.

The economic climate indicator was zero in October from -0.5 in the preceding month.

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