...
December 03, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, October – Slightly higher interest rates...
Summing up, October’s banking data was slightly different than the recent trend, as time-deposits interest rates slightly increased (I assume saving certificates remunerating above 2%, should create pressure)...
December 02, 2025
António Seladas, CFA
António Seladas, CFA
Budget surplus, cash basis, should finsih the year between €2Bn and €3Bn positive
Quick Comment: the budget execution, keeps performing, surplus on a cash basis +€4.1Bn YtD (until October) and roughly +€830Mn above October 2024...
December 02, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - October Retail sales volumes: +4.7%YoY; o/w Food +5.0%YoY
Summing up, Retail Sales in October , volumes: +4.7%YoY, remained strong even so below moving averages; o/w, Food: +5.0% above 3MMA and non-Food +4.4%, below moving averages...
November 28, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: October’s job data – The unemployment rate is consolidating below 6%, while...
Summing up, the job market in October remained strong, unemployment rate 5.87%; consolidating below 6%. Meanwhile, Active population is growing below Employed population...
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