Wednesday, a report from Statistics Portugal said the economic climate indicator moved down to minus 3 in April from minus 2.9 in March. A year earlier, in April, the indicator stood at 1.2.

In April, the manufacturing industry consumer confidence decreased to minus 34.1 from minus 33.7 in March, while the services confidence indicator declined to minus 23.3 from minus 23.1. The construction and public works confidence indicator also moved down, to minus 49.2 from minus 48.5 in the preceding month. However, the confidence indicator in trade increased to minus 19.4 from minus 19.8 in March.

Meanwhile, the consumer confidence indicator edged up to minus 54.8 in April from minus 55.5 in the preceding month.

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