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March 27, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – February retail sales, volumes, +5.0%YoY, o/w Food: +4-3% and non-Food: +5.7%
Summing up, Retail Sales in February, volumes (without service stations and car sales):+5.0%YoY; o/w, Food: +4.3%, and non-Food +5.7% (above moving averages)....
March 24, 2026
António Seladas, CFA
António Seladas, CFA
Housing Market Portugal 4Q25 – Prices +18.9%YoY
Summing up, the housing market prices reached a new record in the 4Q25, Prices +18.9%YoY/+4.0%QoQ; while Nr of transaction -4.7%YoY/+1.4%QoQ, remained strong, but suffered from the base effect, as 4Q24 was abnormally high...
March 23, 2026
António Seladas, CFA
António Seladas, CFA
Portugal – January External data – External figures continue to deteriorate
Portugal – January External data – Services account surplus -7.8%YoY, the third month in a row of negative growth
March 11, 2026
António Seladas, CFA
António Seladas, CFA
February's CPI: Services inflation at 3.38%; remains below moving averages...
CPI Portugal final data – February CPI: 2.1%YoY (Core 1.9%) in line with preliminary data, o/w - Services inflation 3.38% and Goods: 1.1%. The structural trend remains in place, Services pushing upwards prices, while Goods remain stable, around 1%...
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