{"id":345340,"date":"2025-08-15T01:47:16","date_gmt":"2025-08-15T01:47:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/345340\/"},"modified":"2025-08-15T01:47:16","modified_gmt":"2025-08-15T01:47:16","slug":"portuguese-feeling-more-financially-comfortable","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/345340\/","title":{"rendered":"Portuguese feeling more financially comfortable"},"content":{"rendered":"

According to data from ConsumerSignals<\/a>, a Deloitte<\/a> Global database that gathers information on consumer spending patterns in various countries, this increase reflects “a recovery in confidence and economic stability compared to the previous year.” <\/p>\n

The report also highlights an increase in the proportion of Portuguese people who said they can spend on things that bring them joy: 39%, two percentage points more than in 2023.<\/p>\n

Similarly, last year, the number of Portuguese people who rated their financial situation as worse than the previous year decreased, from 46% to 37%. Concern about inflation also decreased and the willingness to consume increased, “signalling a growth in financial confidence.”<\/p>\n

Throughout 2024, the Deloitte report also indicates an improvement in the Portuguese people’s perception of their financial situation. “Compared to the previous year, national consumers felt more financially stable, with a well-being index above the global average,” it says, detailing that approximately 37% said they expect an improvement in their financial situation next year, three percentage points more than in December 2023.<\/p>\n

Concerns<\/b><\/p>\n

Despite these “positive signs,” the consultancy says that “concerns about the future and financial security remained high,” with younger consumers (18-34 years old) being the most optimistic: 52% believed their financial situation would improve, compared to 46% at the end of 2023.<\/p>\n

Furthermore, Portugal remained “among the European countries most apprehensive about rising prices, with more than half of consumers remaining focused on managing this impact.”<\/p>\n

Even so, Portuguese spending intentions increased throughout last year, particularly in non-essential categories, with a 24 percentage point increase compared to December 2023.<\/p>\n

Deloitte notes that this increase was “particularly significant” among consumers aged 18 to 34, who saw a 37% increase in spending intentions and a 39% increase in saving intentions.<\/p>\n

The sectors where the Portuguese spent the most were diverse, with spending intentions in categories such as “leisure, entertainment, and recreational travel” (+1%), “restaurants\/takeout” (+1%), and “electronics and furniture” (+1%) growing slightly compared to the previous year, while the categories “housing” (-4%) and “supermarkets” (-3%) lost relative weight in household spending.<\/p>\n

In the automotive sector, the report states that vehicle purchase intentions declined slightly in all geographies analysed, but the decline was “more pronounced” in Portugal: 15% of Portuguese people planned to buy a car in the next six months, a two percentage point drop compared to the previous year, compared to 18% in Europe.<\/p>\n

The ConsumerSignals platform collects data monthly through surveys of thousands of consumers in 20 countries. In Portugal, 1,000 consumers are interviewed monthly on topics such as financial well-being, consumption patterns, savings, and spending intentions in areas such as food, transportation or health<\/p>\n","protected":false},"excerpt":{"rendered":"According to data from ConsumerSignals, a Deloitte Global database that gathers information on consumer spending patterns in various…\n","protected":false},"author":2,"featured_media":345341,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-345340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115030264556699898","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/345340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=345340"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/345340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/345341"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=345340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=345340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=345340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}