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August 01, 2022
António Seladas, CFA
António Seladas, CFA
June’s job data
The job market is smoothly adjusting, from Feb/March highs
July 28, 2022
António Seladas, CFA
António Seladas, CFA
July’s ESI is reaching recent lows, the slowdown is broad-based
July’s ESI is reaching recent lows, the slowdown is broad based, while Portugal follows the trend but at a slower speed.
July 27, 2022
António Seladas, CFA
António Seladas, CFA
June’s Government budget continues to benefit from strong nominal growth
June Government budget execution remains positive, as for the last 12 months the cash deficit in percentage of GDP is just 0.6%, while for the year (2022), we are recording a surplus of €1 113Mn YtD vs. a deficit of €7 316Mn in 1H21.
July 21, 2022
António Seladas, CFA
António Seladas, CFA
June’s Economic Coincident indicator remains close to the top, showing a very resilient economy
The BoP (Bank of Portugal) has just released June’s Economic Activity Coincident Indicator (EAI) and Private Consumption Coincident Indicator (PCI).
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