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November 13, 2024
António Seladas, CFA
António Seladas, CFA
CPI Portugal October – Services at 4.3%YoY remains intense
umming up, inflation and core inflation are consolidating at current levels, 2.3% and 2.6%, respectively. Meanwhile Services inflation at 4.3% remains robust, slightly above moving averages, while Goods inflation at 0.9% is in line with moving averag
November 07, 2024
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – October, according to the DEI, outperformed
Summing up, October was, according to the DEI a strong month, +6.6%YoY, clearly above past data. Meanwhile, the first days of November were weaker.
November 05, 2024
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Budegt execution outperformed in September
Debt performance in September, Maastricht definition, €272Bn, -54bpMoM, -238bpYoY and €97.4% of GDP is mainly the result of the September’s budget execution, surplus, on a cash basis, €5.2Bn and €5.7Bn YtD, roughly -€1.6Bn vs. 2023. IRS: +1.1%YtD...
October 24, 2024
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – 3Q24 data was reviewed strongly upwards
Summing up, past data was reviewed upwards, namely 3Q24 +4.7%YoY (3.4% before) and is now above the 2Q24; so seems fair to expect 3Q24 GDP to grow in line or above the 2Q24 (+1.6%)...
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