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March 30, 2023
António Seladas, CFA
António Seladas, CFA
Febraury’s job data – Unemployment rate came down, while Active population is reaching new highs
The unemployment rate went down 20bp to 6.8%m while the “Employed population” and the “Active population” keep growing.
March 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – February retail sales growth was slightly negative (-0.2%YoY).
The Portuguese economy remained resilient in February, despite slightly negative growth figure (-0.2%YoY), it is mainly due to the base effect and should be less relevant from May onwards.
March 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator – March data
The Euro Area ESI is consolidating after several months of improvement and the same is true regarding Portugal.
March 22, 2023
António Seladas, CFA
António Seladas, CFA
Portugal January External figures
Current Account almost balanced due to Tourism.
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