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October 28, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - September’s Government budget execution surprised on the upside
Portuguese Economy - September’s Government budget execution surprised again on the upside (Revenues: +8.2%YoY and 16.1%YtD vs. Expenditures: +0.4%YoY and -0.1%YtD). Meanwhile, 2022 budget deficit should finish close to nil.
October 20, 2022
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - September's Coincident Indicators continue to adjust
Portuguese Economy – September’s Coincident Indicators continue to adjust
October 20, 2022
António Seladas, CFA
António Seladas, CFA
Portugal August External figures – August Trade deficit above 10% of GDP
Portugal August External figures – August Trade deficit above 10% of GDP; while Travel surplus is close to the highest levels seen in the past, 6%
October 13, 2022
António Seladas, CFA
António Seladas, CFA
Portugal – September’s CPI data confirms the risk of inflation spreading is increasing
Energy and Food inflation are calming down, however Core Inflation is reaching new highs and MoM data, +1.5%; is abnormally high.
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