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May 02, 2022
António Seladas, CFA
António Seladas, CFA
March’s job data – The job market slowed down slightly in March.
The INE (Portuguese Statistic Institute) has just released March’s labour market figures, namely rate of unemployment, Under utilization rate, Employed population and Underutilization population.
April 29, 2022
António Seladas, CFA
António Seladas, CFA
March’s Government data repeated the recent performance, Revenues: +8.6%YoY while Expenditures: -2.4
March fiscal execution was in line with the recent trend, Revenues (Central Government and Social Security) growing, partially due to a favourable base effect, while Expenditures went down, mainly due to lower “Current Transfers” .
April 21, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – March Coincident indicators are resilient, namely the Economic Activity.
The BoP (Bank of Portugal) has just released March’s Economic Activity Coincident Indicator (EAI) and Private Consumption Coincident Indicator (PCI).
April 20, 2022
António Seladas, CFA
António Seladas, CFA
The current account is becoming more negative
The Bank of Portugal has just released February External figures.
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