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November 26, 2021
António Seladas, CFA
António Seladas, CFA
October’s Government data was mixed as revenues outperformed (10%YoY)
October’s data was mixed, as Revenues outperformed +10%YoY; however Expenses continue to underperform +6.4%YoY and 4.9%YtD; so the deficit was flat YoY and is just minus €650MnYtD, despite higher Revenues +7%YtD.
November 19, 2021
António Seladas, CFA
António Seladas, CFA
Travel Balance improvement almost offset Trade Balance deterioration
Consumption is driving GDP improvement with a negative impact on the trade balance deficit.
November 11, 2021
António Seladas, CFA
António Seladas, CFA
October’s inflation still low despite an upwards trend
The Portuguese Statistic Institute has just released, October CPI final figures and its subcomponents.
November 03, 2021
António Seladas, CFA
António Seladas, CFA
Interest rates on new corporate loans, slowly increasing
The Bank of Portugal has just released September the second set of banking data, namely Interest rates on new Loans and Interest rates on new time Deposits.
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