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October 27, 2021
António Seladas, CFA
António Seladas, CFA
September’s Government data outperformed on the revenues side and underperformed on the expenditures
Portuguese Government figures – September data outperformed, namely on the Revenue side +6.6%YtD; as expenditures are under pressure, +4.7%YtD, namely “Current Transfers” +5.1%YtD and account for roughly 50% of expenditures.
October 21, 2021
António Seladas, CFA
António Seladas, CFA
Coincident indicators lost momentum in September
The BoP (Bank of Portugal) has just released the Economic Activity Coincident Indicator (EAI) and the Private Consumption Coincident Indicator (PCI), regarding the month of September .
October 21, 2021
António Seladas, CFA
António Seladas, CFA
As the economy reopens, the Current account is becoming more negative
The Bank of Portugal released August external figures.
October 13, 2021
António Seladas, CFA
António Seladas, CFA
September’s inflation in line with the last 3 months, while prices on services are in general increa
The Portuguese Statistic Institute has just released, September CPI final figures and its subcomponents.
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