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June 29, 2021
António Seladas, CFA
António Seladas, CFA
May’s retail sales continued to improve
Portugal Economy – May’s retail sales continued to improve
June 28, 2021
António Seladas, CFA
António Seladas, CFA
May’s Government data outperformed benefitting mainly from the base effect
May’s Government data outperformed benefitting mainly from the base effect, even that the economy’s improvement is also impacting positively fiscal revenues.
June 25, 2021
António Seladas, CFA
António Seladas, CFA
Banking Industry - No significant change in the overall trends
Loans and Deposits continue to grow, while Overdue Loans ratios are at historical low levels.
June 23, 2021
António Seladas, CFA
António Seladas, CFA
Portuguese 1Q21 Housing market – Prices keep moving upwards
The housing market, in 1Q21, reached a new maximum in price, while volumes stabilized or retreated, as was the case in Lisbon. The stabilization of mortgage interest rates at minimum levels should lead to a stabilization in house prices.
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