FX.co ★ Portugal Business Climate Eases to 4-Month Low

Business confidence in Portugal eased to a four-month low of 2.9 in February 2026, down from 3.0 in January. Sentiment deteriorated among manufacturers (-2.1 vs -1.4), construction firms (2.3 vs 2.4) and retailers/wholesalers (4.4 vs 5.7), while it improved slightly in the services sector (5.0 vs 4.7).