Fundos imga




October 21, 2025
António Seladas, CFA
Portugal – August External data – Current Account surplus still positive, but the trend is negative
All in all, Current Account Balance, in August, remains positive, surplus 1.4% of GDP (last 12 months), however Services surplus is showing signs of saturation...
Portugal – August External data – Current Account surplus still positive, but the trend is negative



October 17, 2025
Antonio Seladas
Portugal – September Coincident Indicators keep pointing to strong Consumption...
Portugal – September Coincident Indicators continue to point to strong Private Consumption, 2.9%YoY, while the general index, Economic Activity, 1.8%YoY remains less strong…
Portugal – September Coincident Indicators keep pointing to strong Consumption...



October 10, 2025
António Seladas, CFA
September's CPI: Services inflation slowed down to 3.6%
CPI Portugal final data – September’s CPI: 2.40%YoY, Core 1.97%; o/w - Services inflation, 3.56% and Goods: 1.55%. Services inflation adjusted, so positive news. Finally, Telecommunications prices are coming down (-1.41%YoY/-126bpMoM)...
September's CPI: Services inflation slowed down to 3.6%



October 02, 2025
António Seladas, CFA
Portuguese Banking Industry, August...
Summing up, August’s banking data was in line with the recent quarters, time deposits interest rates coming down...
Portuguese Banking Industry, August...



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