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March 28, 2024
António Seladas, CFA
António Seladas, CFA
Daily Economic Indicator – The DEI lost steam, over the last few days
The DEI (Daily Economic Index) lost steam over the last few days, March’s data: 7.2%YoY vs. 8.4% the week before, even so the impact over the quarter is smaller, +5.9% vs. 6% the before.
March 27, 2024
António Seladas, CFA
António Seladas, CFA
ESI - The EA is consolidating, while Portugal is improving.
In March the Euro Area ESI is consolidation at low levels, slightly above moving averages, while Portugal has improved and is definitely above moving averages. In Portugal, Services and Consumer sentiment are driving the performance.
March 25, 2024
António Seladas, CFA
António Seladas, CFA
Housing Market Portugal 4Q23 – Volumes at the housing market adjusted but prices didn’t
Volumes at the housing market adjusted (-11.4%YoY and -0.4%QoQ) and are now stabilizing at low levels; nevertheless housing prices kept the momentum, +7.8%YoY and +1.3%QoQ.
March 21, 2024
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI keeps improving over the Quarter
Daily Economic Index continues to improve over the Quarter, after a lower performance in January, average weekly data: 4.8%YoY; February: +6.1%YoY and March up to now: +8.4%YoY.
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