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September 10, 2026
António Seladas, CFA
António Seladas, CFA
August Core CPI at 2.6%YoY; remains restrained.
CPI Portugal final data – August CPI: 3.30%YoY/+3bpMoM and Core inflation 2.64%YoY/-13bpMoM, in line with preliminary data. Services inflation 3.95%YoY, is slightly below 3MMA...
September 03, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, July – The NII should continue to outperform in the quarter...
Summing up, the banking environment remains cosy. NIM is stable at comfortable levels, as time deposits remuneration are slowly increasing offsetting higher interest rates on Loans due to higher Euribor’s...
September 02, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - July's governmnet debt outperformed
Quick Comment: Government Debt, in July, before deposits of public Administration, -63bpYoY/-257bpMoM; €286.34Bn, 90.3% of GDP (LTM), and after deposits €262.2Bn, +113bpYoY/-8bpMoM...
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