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June 30, 2022
António Seladas, CFA
António Seladas, CFA
May’s Food volumes sales went down YoY
The Portuguese Statistic Institute (INE) has just released, May’s Retail Sales data.
June 30, 2022
António Seladas, CFA
António Seladas, CFA
May’s Government budget continues to benefit from strong nominal growth
A strong budget performance in May and year to date (Revenues: +16.2%YtD; May: +21.2%YoY; Expenditures -1.2%YtD; May: +5.1%YoY), trailing deficit last 12 months in percentage of GDP -1.6% and -0.4%YtD.
June 29, 2022
António Seladas, CFA
António Seladas, CFA
June’s ESI was negative mainly due to Consumers confidence, as the remainder data is flattish
June’s ESI was negative mainly due to Consumers confidence, as the remainder data is flattish
June 29, 2022
António Seladas, CFA
António Seladas, CFA
May’s job data – The job market is slightly weaker
The INE (Portuguese Statistic Institute) has just released May’s job market figures, namely rate of unemployment, Underutilization rate, Employed population and Underutilization population.
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