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March 31, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in March adjusted
Summing up, the Euro Area ESI (Economic Sentiment Indicator), as expected, adjusted in March, -160bpMoM and Portugal: -70bpMoM; both mainly due to lower Consumer Confidence, as the Middle East war and higher petrol prices are impacting...
March 31, 2026
António Seladas, CFA
António Seladas, CFA
Portugal: February's job data – The job market alleviated
Summing up, the job market in February alleviated, unemployment rate increased 22bp MoM to 5.84%, above 3MMA. It could be related with the storms, even so job’s data is often reviewed...
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...
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