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October 04, 2021
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government Debt, August’s data
Gross and net Government debt surprised positively despite a neutral budget execution, while the target of Government debt at 128%YE21, should be reached
September 29, 2021
António Seladas, CFA
António Seladas, CFA
August’s retail sales are calming down as the favourable base effects are fading.
The Portuguese Statistic Institute (INE) has just released, August’s Retail Sales data.
September 29, 2021
António Seladas, CFA
António Seladas, CFA
September’s data stabilizes in Portugal and Euro Area
September’s data stabilizes in Portugal and Euro Area; while the current energy crisis is not an issue yet
September 28, 2021
António Seladas, CFA
António Seladas, CFA
August’s Government data disappointed
Portuguese Government figures – August data underperformed, mainly because of early reimbursements made in July and VAT payments postponed to September. Even so the trailing deficit went up to 5.2% vs. July: 4.20%.
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