Makrognosis

Portugal Services Confidence Indicator

MonthlySeasonally adjustedCode PT.SERVCONF.M.SA

Latest5.10 Balance (% points)October 2026
Previous8.60 Balance (% points)September 2026
Year ago8.30 Balance (% points)October 2025

Portugal Services Confidence Indicator was 5.10 Balance (% points) in October 2026, down 40.7% from September 2026 and down 38.6% from a year earlier.

Over the past ten years it has ranged from −55.60 Balance (% points) (May 2020) to 21.20 Balance (% points) (May 2022), averaging 7.55 Balance (% points).

Portugal Services Confidence Indicator (Balance (% points)), Jun 1997 – Oct 2026−60−40−20020200020052010201520202025Robomacro
Portugal Services Confidence Indicator (Balance (% points)), Jun 1997 – Oct 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
October 20265.10 Balance (% points)
September 20268.60 Balance (% points)
August 20267.60 Balance (% points)
July 20267.20 Balance (% points)
June 20269.10 Balance (% points)
May 20268.80 Balance (% points)
April 20267.00 Balance (% points)
March 20267.80 Balance (% points)
February 20267.50 Balance (% points)
January 20264.10 Balance (% points)
December 20258.30 Balance (% points)
November 20256.20 Balance (% points)
October 20258.30 Balance (% points)
September 20258.40 Balance (% points)
August 202512.00 Balance (% points)
July 202510.60 Balance (% points)
June 202512.60 Balance (% points)
May 202511.30 Balance (% points)
April 20254.70 Balance (% points)
March 20255.20 Balance (% points)
February 20258.20 Balance (% points)
January 202515.90 Balance (% points)
December 202415.20 Balance (% points)
November 202414.70 Balance (% points)

Last 24 observations. The full history (353 observations) is available through the API.

Get Portugal Services Confidence Indicator in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.SERVCONF.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.SERVCONF.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJune 1997
Observations353
FrequencyMonthly
UnitsBalance (% points)
AdjustmentSeasonally adjusted
10-year high21.20 Balance (% points) (May 2022)
10-year low−55.60 Balance (% points) (May 2020)
10-year average7.55 Balance (% points)
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codePT.SERVCONF.M.SA

Other Portugal indicators

Portugal GDP (Gross Domestic Product)Portugal Gross domestic product, Current prices, million EURPortugal Inflation Rate (CPI)Portugal Core Inflation RatePortugal Unemployment RatePortugal 10-Year Government Bond YieldPortugal Credit Rating & Sovereign Risk ScorePortugal Industrial ProductionPortugal Retail SalesPortugal Current account balance (BPM6, vs rest of world), not seasonally adjustedPortugal Current account balance, % of GDPPortugal Trade Balance: Goods & ServicesPortugal Exports of goods and services, Current prices, million EURPortugal Exports of goods and services, chain-linked volumePortugal Exports of goods, total trade (World), seasonally adjustedPortugal Imports of goods and services, Current prices, million EUR

FAQ

What is the current services Confidence Indicator in Portugal?
The latest reading is 5.10 Balance (% points) for October 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code PT.SERVCONF.M.SA.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Services Confidence Indicator, Portugal”.