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November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI remains at 4.2%QtD, clearly above our expectations
The DEI (Daily Economic Index) remains resilient, the weekly average figure, 4QtD, is at 4.2%YoY in line with last week and above the week before
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – Retail sales in October: +0.9%YoY (Food +0.5%YoY and Non-Food: +1.3%YoY)
October data remains in positive territory, volumes +0.9%YoY; mainly due to Non-Food data: +1.3%; as Food, +0.5% disappointed, below 3MMA; despite Food inflation around 5%, is adjusting.
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: October’s job data
The job market remains strong, namely on a yearly basis, as employed and active population are close to record levels.
November 23, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator continues to surprise, without impact from the political crisis
The DEI (Daily Economic Index) continues to surprise, the weekly average figure, 4QtD, improved once again and is now at 4.2%YoY vs. last week: 3.6% and the week before: 2.8%.
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