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May 19, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – The economy held up well in April and May seems similar
The BoP (Bank of Portugal) has just released April’s Economic Activity Coincident Indicator (EACI), Private Consumption Coincident Indicator (PCCI) and the weekly Daily Economic Activity (DEI)
May 12, 2023
António Seladas, CFA
António Seladas, CFA
Core inflation is slowly adjusting, while salaries are increasing at a faster pace
Portugal – April CP and salaries: Core inflation is slowly adjusting, while salaries are increasing at a faster pace. Summing up, core inflation data is slowly receding, while salaries are increasing faster
May 08, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, March – The sector is increasing time deposits remuneration
In a nutshell, the banking sector is slowly increasing time deposits remuneration, however not enough; as savers continue to move from time Deposits to “Saving Certificates”
May 03, 2023
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government debt in March remained close to 114% of GDP
Portugal Economy: Government debt in March remained close to 114% of GDP, mainly due to higher Deposits
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