Fundos imga




January 07, 2026
António Seladas, CFA
Portugal: November’s job data – The unemployment rate reaches a new low 5.67%...
Summing up, the job market in November remained robust, unemployment rate 5.67% (-17bpMoM), a record low, since February 2002 and Employed rate, 65.8%, a record figure...
Portugal: November’s job data – The unemployment rate reaches a new low 5.67%...



January 06, 2026
António Seladas, CFA
Portuguese Banking Industry, November – Loans volumes keep growing, which bodes well for the NII…
Summing up, November’s banking data confirms that time-deposit interest rates on new individual deposits were flat monthly, average 1.37%; the second month in a row, while Interest rates on new Loans and Loans on stock are still coming down....
Portuguese Banking Industry, November – Loans volumes keep growing, which bodes well for the NII…



January 02, 2026
AS Independent Research
QC: Portuguese Economy - Public Debt should finish the year around 90% of GDP
The budget execution, keeps performing, surplus on a cash basis +€2.8Bn YtD (until November) and roughly +€634Mn above November 2024.
QC: Portuguese Economy - Public Debt should finish the year around 90% of GDP



December 30, 2025
António Seladas, CFA
Portuguese Economy - November Retail sales volumes: +7.6%YoY; o/w Food
Portuguese Economy – November retail sales, volumes, +7.6%YoY, o/w Food: +5.5% and non-Food: +9.2%. Very strong data, that points to another quarter of strong growth…
Portuguese Economy - November Retail sales volumes: +7.6%YoY; o/w Food



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