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July 01, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – May retail sales, volumes, +5.5%YoY, o/w Food: +5.2% and non-Food: +5.8%. Posit
Summing up, Retail Sales in May volumes: +5.5%YoY, above moving averages o/w, Food: +5.2% and non-Food +5.8%. Strong sales data in May, in sharp contrast with other measures of economic activity that point to a weaker quarter. Nevertheless, positive
June 27, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in June was, again, boosted by Services...
Summing up, the Euro Area ESI in June went down again to 94, below moving averages and close to recent lows. Industry remains in the doldrums, -12; also, below moving averages and close to recent lows...
June 26, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI’s average 2Q25tD: -0.3%YoY…
Summing up, DEI’s average data remains surprisingly weak, 2QtD: -0.3%YoY vs. -0.5% the week before. Definitely, it bodes badly for the 2Q25 performance
June 23, 2025
António Seladas, CFA
António Seladas, CFA
Housing Market Portugal 1Q25 – Prices +16.3%YoY/ +4.8%QoQ...
Summing up, the housing market reached new highs over the 1Q25, Prices +16.3%YoY/4.8%QoQ, and volumes +25%YoY/-8.5%QoQ...
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