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January 07, 2021
European Commission indicators recover sequentially in December
Economic Sentiment Indicators, in the Eurozone and Portugal, recovered sequentially in December; this after a poor performance in November. However, Portugal registered in relative terms a lower recovery to the Eurozone.
January 06, 2021
Loan interest rates continue to fall, strong volumes allow us to anticipate a positive 4Q20
November data shows that interest rates are adjusted again after some stabilization in October. In other words, the environment remains under pressure, however volumes are growing at a strong pace and thus the sector will present positive results.
January 05, 2021
Banking sector recovers growth trend, allowing to envision a positive 4th quarter
In November, the banking sector recorded high volumes, after a more modest performance in October, while default ratios remained at low levels; allowing to envision a positive 4th quarter.
January 04, 2021
Portuguese public debt should close the year below the Government's target
Gross debt as a percentage of GDP is expected to close the year at 133%, below the Government's target. However, the preliminary inflation figures for December remain in negative territory, putting pressure on the State and companies' revenues.
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