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February 01, 2023
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government debt at YE22, 114.7%; below Government’s target
Gross debt at YE22, as measured by the European Commission, at 114.7% of GDP reached the Government’s target 115.4% and went down from 125.5% at YE21.
January 31, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: December’s job data – The job market remains in an adjustment phase
Job market data in December kept the adjustment phase, unemployment rate increased 20bp to 6.67% vs. figures below 6% over the summer.
January 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – December real retail sales surprised on the upside
Food sales remain in negative territory; however the base effect should help food sales from January onwards and will become tougher for non-Food sales.
January 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator
The Euro Area continues to improve, ESI is reaching figures not seen since July/22; the third increase in a row. Meanwhile, in Portugal, ESI also improved sequentially, despite higher mortgage interest rates
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