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May 02, 2024
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Budget execution and Debt over the 1Q24 under presssure
Government debt in March 100.5% of GDP, however Deposits at Public Administrations remain below normal levels, so Debt should continue to increase.
May 02, 2024
António Seladas, CFA
António Seladas, CFA
Portugal: March’s job data – The job market is, probably, stronger than ever
The job market is probably stronger than ever, Employed population 5.014Mn, +2%YoY and 23bpMoM is reaching new highs; meanwhile Active population is also increasing
April 30, 2024
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – March retail sales, volumes +3.1%YoY, o/w Food: +9.7% and non-Food: -2.4%.
Marchs retail raw sales data, volumes +3.1%YoY; o/w Food: +9.7% and non-Food: -2.4%YoY. Overall, Portuguese consumers bought food in March to celebrate Easter
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