Fundos imga




March 13, 2025
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI remains on the weak side...
Summing up, DEI’s data remains on the weak side, February was reviewed slightly upwards, however March is weaker, so DEI average 1Q25tD: +1.1% (1.1%; the week before)...
Portugal – Daily Economic Indicator  –  DEI remains on the weak side...



March 12, 2025
António Seladas, CFA
CPI Portugal – February’s CPI...
Summing up, February’s headline inflation and core data in line with preliminary figures, 2.39%YoY and 2.45%, respectively...
CPI Portugal –  February’s CPI...



March 06, 2025
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI remains weak, average 1.1%QtD...
Summing up, the 1Q25tD DEI average, 1.1% vs. 1.0% the week before, remains on the weak side. However, as we explained before, the base effect is impacting DEI’s performance, so we expect 1Q25GDP to outperform the DEI, currently at 1.1%.
Portugal – Daily Economic Indicator  –  DEI remains weak, average 1.1%QtD...



March 05, 2025
António Seladas, CFA
Portuguese Banking Industry, January – The sector keeps trying to postpone the margin adjustment
Summing up, Deposits continue to grow (7.38%YoY/+34bpMoM), despite lower remuneration rates (average time deposit interest rates: -15bpYoY/-9bpMoM)...
Portuguese Banking Industry, January  – The sector keeps trying to postpone the margin adjustment



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