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December 02, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry October
The NIM continues to increase, while volumes are still growing, which surprises. So, the environment to the banking sector remains positive, meanwhile Overdue Loans ratios remain at low levels, however are slowly increasing in line with the unemploym
December 02, 2022
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government debt in October went down to below 117% of GDP, mainly by lowering depo
Gross Government’s Debt in October outperformed, -216bp MoM and 116.7% of GDP; while net Debt underperformed +147bpMoM and roughly 108.4% of GDP.
November 30, 2022
António Seladas, CFA
António Seladas, CFA
Portugal: October's job data – The job market remained stable in October
Portugal: October’s job data – The job market remained stable in October, unemployment rate at 6.10%; even so some indicators are weaker than in the recent past.
November 30, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – October non-Food sales continue to surprise +7.7%YoY
Portuguese Economy – October non-Food sales continue to surprise +7.7%YoY, while Food sales are consolidating at negative figures -2.7%YoY. Consumers remain resilient despite the headwinds.
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