Portugal’s consumer confidence index fell to -23.1 in October 2026, down from -20.6 in September. Over the past twelve months, households’ perceptions of their financial situation worsened (-15.9 vs. -13.8), alongside a deterioration in views of the country’s economic outlook. Inflation concerns intensified, while intentions to make major purchases weakened (-65.6 vs. -62.3). Looking ahead, households expect their financial situation to deteriorate further, with the index falling to -9.2 from -7. Meanwhile, financial uncertainty eased slightly (-19.9 vs. -20.9), although pessimism regarding the country’s economic situation deepened, with the index declining to -39.3 from -35.