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May 08, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI average over the 1Q25...
Summing up, DEI’s average data over the 1Q25 was reviewed downwards 1.7% vs. 2.2% the week before; almost in line with 1Q25 GDP: +1.6%YoY. Meanwhile, Apil’s average data, +0.5% (blackout day: -14.8%YoY)...
May 02, 2025
António Seladas, CFA
António Seladas, CFA
Vendas no retalho em março, abrandam
Vendas no retalho em março, em volume, 2,2% homólogo (Não-alimentar, 2,4% e Alimentar 2,0%) abrandaram, essencialmente, devido ao efeito Páscoa...
May 02, 2025
António Seladas, CFA
António Seladas, CFA
Budget execution keeps surprising
Budget execution over the 1Q25, clearly surprised, surplus +€1.6Bn on a cash basis (+0.72% of GDP, last 12 months) vs. a deficit of €0.12Bn, 1Q24, the high base effect on expenditures over the 1Q24...
May 02, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – March retail sales...
Summing up, Retail Sales in March slowed down, mainly due to Easter impact (volumes: +2.2%YoY), as seasonal adjusted data remains upbeat (5%YoY).,,
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