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August 30, 2021
António Seladas, CFA
António Seladas, CFA
July’s retail sales cooling off as the positive impact from the base effect is vanishing.
The Portuguese Statistic Institute (INE) has just released, July Retail Sales data.
August 30, 2021
António Seladas, CFA
António Seladas, CFA
August’s data in Portugal outperformed against the general trend
The European Commission has just released, August’s monthly data surveys, concerning the Euro Area and its countries, namely Portugal.
August 26, 2021
António Seladas, CFA
António Seladas, CFA
Loans and Deposits grew, for the second month in a row at a slightly slower pace.
Volumes, Loans and Deposits, continue to grow but, for the second month in row, at a slightly slower pace. Meanwhile, Overdue Loans ratios remains historically at low levels, even so it should go down a little further by September, when the moratoriu
August 26, 2021
António Seladas, CFA
António Seladas, CFA
July’s Government data outperformed for the third month in a row
July’s data surprised on the upside for the third month in a row, Revenues plus 26% YoY (VAT +32%YoY) while expenditures +0.8%YoY. The deficit is now €6 840Bn YtD; €1 631Mn below last year performance.
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