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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...
August 31, 2026
António Seladas, CFA
António Seladas, CFA
Portugal: July job data – The labour market at record levels, but losing momentum
Summing up, the job market is consolidating at record levels, t remained robust in July, even so, Employed population and Active population are growing at slower rates…
August 28, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in August adjusted,, below the moving averages
Summing up, the Euro Area ESI data improved in August, the fourth month in a row, mainly Services and Industry; above moving averages. Meanwhile, in Portugal, data has shown lack of momentum, figures below moving averages and against the modest positive trend in the Euro Area.
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