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July 12, 2021
António Seladas, CFA
António Seladas, CFA
June’s inflation came down, even that some categories continue to increase prices at a faster pace
The price level in June slowed down, however, some subclasses, regardless of the economic cycle, maintain an intense pace of increase, as is the case of “rents” and “eating out” which show a structural upward trend.
July 05, 2021
António Seladas, CFA
António Seladas, CFA
Interest rates on new Loans are close to record low levels
The Bank of Portugal has just released May’s second set of banking data, namely Interest rates on new Loans and Interest rates on new time Deposits.
July 01, 2021
António Seladas, CFA
António Seladas, CFA
Government Debt, May’s data
Gross and net Government debt continue to increase, even so the formal target of 128% of GDP at year-end, seems achievable.
June 30, 2021
António Seladas, CFA
António Seladas, CFA
Unemployment rate increased for the second month in a row
Degraded labor market in May, for the second consecutive month, with the unemployment rate rising to 7.2%; even so, as in April, other more comprehensive measures indicate a less vulnerable situation.
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