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November 28, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - October’s Government budget underperformed due to the one off measures
October’s Government budget underperformed due to extraordinary measures to mitigate the sharp increase on prices. Nevertheless,the deficit in 2022,should finish below €1Bn,irrelevant in terms of GDP,and clearly outperforming the Government’s target.
November 18, 2022
António Seladas, CFA
António Seladas, CFA
Portugal September External figures – Travel Account surplus is at record levels, 6.4% of GDP
Portugal September External figures – Travel Account surplus is at record levels, 6.4% of GDP, even so the Current Account remains negative, close to 2%; as the Goods Account deficit is consolidating above 10%.
November 17, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - October's Coincident Indicators continue to adjust downwards
Portuguese Economy – October’s Coincident Indicators continue to adjust downwards, however the gap between both is increasing
November 11, 2022
António Seladas, CFA
António Seladas, CFA
Portugal – October’s CPI: spike in Energy and Food prices
Portugal – October’s CPI: spike in Energy and Food prices, while Core inflation is reaching new highs.
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