...
June 26, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese 1Q23 Housing market
Portuguese 1Q23 Housing market – The housing market remains upbeat, prices +8.7%YoY; however volumes are slowing down
June 20, 2023
António Seladas, CFA
António Seladas, CFA
Portugal April external figures – Current Account continues to benefit from Tourism
Services/Tourism kept in April the positive trend, while the Balance of Goods is slightly improving (less negative), so the Current Account is almost balanced (-0.35% of GDP last 12 months).
June 16, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - The economy remained resilient in May
Portuguese Economy – The economy remained resilient in May, while the first weeks of June showed a slowdown, however seems mainly the impact from a moving holiday
June 15, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – May’s CPI went down to 4%YoY, as VAT reduction helped roughly 80bp
Summing up, price increases are slowing down, +4%YoY; VAT reduction helped, roughly 80bp; however even Core inflation is slowing down (5.44%YoY).
Back See More
