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June 04, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, April – Strond demand for Consumer Loans and Mortgages...
Summing up, demand on Consumer Loans and Mortgages remains quite strong and increasing, slightly above 5%YoY and 6%, respectively. So the banking sector has been able to postpone adjustments on interest rates...
June 03, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: April's job data – The job market reached new highs...
Summing up, the job market in April reached new highs, Employed and Active Population, both at record levels, meanwhile as both metrics are growing at the same pace the unemployed population remains stable around 350 000...
June 02, 2025
António Seladas, CFA
António Seladas, CFA
Budget execution in April keeps outperforming, however Debt...
Budget execution until April remains positive, +€134MnYtD; +€2.1Bn vs. 2024. Effective Revenues: +9.9%YtD, mainly due to lower reimbursements, IRS and VAT, while Effective Expenditures only +3.3%YtD, mainly due to a high base effect...
June 02, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - April Retail sales: +5.5%YoY o/w Food +10.6%YoY
Portuguese Economy – April retail sales, volumes, +5.5%YoY, o/w Food: +10.6% and non-Food: +0.6%. In April Portuguese consumers bought mainly Food, explained by Easter…
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