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November 03, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – September retail sales, volumes, +0.3%YoY, o/w non-Food: -0.6%; surprised
All in all, Retail sales data, volumes +0.3%YoY, below 12MMA moving averages, o/w non-Food, -0.6%YoY below moving averages and Food sales +1.4% (nominal +4.9%), above 3MMA...
November 02, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - September's budegt execution outperformed
Government Debt, in September, before deposits of public Administration, -332bpYoY/-26bpMoM to €284.8Bn, 88.4% of GDP (LTM), and after deposits €257Bn, +60bpYoY/-136bpMoM...
October 30, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in October adjusted sharply, namely Services and Consumer Confidence
Summing up, the Euro Area ESI data adjusted slightly in October, mainly Services and Consumer Confidence, while in Portugal the ESI adjusted sharply, also Consumer Confidence and Services.
October 29, 2026
António Seladas, CFA
António Seladas, CFA
Portugal: September job data – The market remains robust...
Summing up, the job market in September kept the main trends, namely lower unemployment rate, 5.5%; below moving averages. However, the positive figures are mainly because Active population is growing at a slower pace than because...
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