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July 06, 2022
António Seladas, CFA
António Seladas, CFA
Mortgage interest rates increasing, loans volumes increasing and low Overdue loans ratios, the banki
Mortgages Interest rates are increasing at a faster pace, even that Mortgage Loans volumes remain upbeat, which is not consistent; however probably justified by the strong job market.
July 01, 2022
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government net debt is outperforming, supported in a positive budget execution
The Bank of Portugal has just released, May’s Government debt data.
June 30, 2022
António Seladas, CFA
António Seladas, CFA
May’s Food volumes sales went down YoY
The Portuguese Statistic Institute (INE) has just released, May’s Retail Sales data.
June 30, 2022
António Seladas, CFA
António Seladas, CFA
May’s Government budget continues to benefit from strong nominal growth
A strong budget performance in May and year to date (Revenues: +16.2%YtD; May: +21.2%YoY; Expenditures -1.2%YtD; May: +5.1%YoY), trailing deficit last 12 months in percentage of GDP -1.6% and -0.4%YtD.
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