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February 17, 2023
António Seladas, CFA
António Seladas, CFA
Portugal December External figures – Current Account Balance deficit
Over the last two quarters, the Portuguese economy external imbalances, slightly improved, Trade Account balance is stabilizing at negative figures (11% pf GDP), while surplus at Services Account (9% of GDP), where Tourism (6.5% of GDP) is recorded,

February 16, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – January’s Coincident Indicators are levelling-off, clearly surprising
The BoP (Bank of Portugal) has just released January’s Economic Activity Coincident Indicator (EACI) and Private Consumption Coincident Indicator (PCCI).

February 10, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – January’s CPI: Energy prices keep adjusting benefiting headline inflation
The signals of lower inflation continued in January, headline inflation adjusting mainly due to energy, while Core inflation is also adjusting, at a slower pace.

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