The consumer confidence indicator decreased in August, according to statistics from the National Statistics Institute (INE). This decline in confidence is related to consumers' perspectives on the evolution of the country's economy.
In contrast, the economic climate indicator registered an increase in the same period. Thus, while consumers are more pessimistic, the general economic climate shows a positive trend.
The INE, as the body responsible for producing official statistics, is the source cited for these contradictory data on consumer confidence and the economic climate in Portugal during the month of August.
