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August 29, 2025
António Seladas
António Seladas
Portugal: July’s job data – The job market regained momentum in July, reaching record levels.
Summing up, the job market in July, regained momentum, employed population increased 4%YoY; reaching record figures, while unemployment at 5.79% is close to record lows.
August 21, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator
DEI’s average 3QtD remains negative (-0.5%), probably underestimating the economic activity, as was the case over the 2Q25.
August 14, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – 2Q25 gross earnings per employee increased on average 6.0%YoY vs. inflation around 2.5%
Summing up, average wage increases, over the 2Q25, 6.0%YoY; it remains surprisingly resilient, as inflation below 2.5%; points to real wages increasing above at 3.5%....
July 24, 2025
António Seladas
António Seladas
Portugal – DEI’s average 2Q25, +1.1%YoY vs. 1.0% the week before...
Summing up, DEI’s 2Q25 average data, was reviewed slightly upwards again, +1.1% vs 1% the week before; even so, remains lower than in prior quarters and volatile...
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