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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.
November 29, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator - Portuguese November's ESI adjusted slightly
Portuguese Economy: Economic Sentiment Indicator – Portuguese November’s ESI adjusted slightly, however the Euro Area improved marginally, definitely positive news.
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