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November 02, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - September’s budget execution surprised positively
September budget execution surprised positively and basically compensated the negative execution in August. In fact, the two months together, generate an excess vs. 2022, of €110Mn.
November 02, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, September – The good days in the sector are just ending!
In a nutshell, remuneration on new Time-Deposits on Individuals, +42bp MoM to 2.31%, surprised, namely the monthly pace, as up to now the monthly increases were smaller.
November 02, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: Job data – Unemployment rate in September increased to 6.5%
Portugal: September’s job data – The unemployment rate increased 14bpMoM to 6.50%; mainly because Active population keeps growing YoY and flat MoM, while Employed population went slightly down on a MoM basis.
October 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator
Portuguese Economy: Economic Sentiment Indicator – ESI in the EA in October came down at a slower pace, while Portugal remains volatile
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