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January 11, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – December’s CPI: Energy prices adjusted for the second month in a row
Energy prices come down for the second month in a row, which is positive and Core Inflation +7.3%YoY, despite a recent record, increased only 5bp MoM.
January 06, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: November’s job data
Job market data in November confirmed October signals of weakness, which surprises, as the job market usually reacts with a time-lag.
January 06, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator
The Euro Area is improving, December was the second month in a row that ESI improved, which is definitely positive, namely because Energy prices and Interest rates are calming down.
January 04, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry November – The environment remains strongly positive to the sector
Summing up, the environment remains very positive to the sector; even so we should expect Loans volumes to underperform in the coming months, while Overdue Loans ratio should increase, however it will depend on the unemployment rate
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