Fundos imga




September 11, 2025
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI’s average 3QtD was reviewed...
Summing up, DEI’s 3QtD average data, was reviewed upwards and is now more aligned with macro hard data that has been released, namely, retail sales...
Portugal – Daily Economic Indicator – DEI’s average 3QtD was reviewed...



September 10, 2025
António Seladas, CFA
CPI Portugal final data – August’s CPI: 2.76%YoY, Core 2.44%; o/w...
The Portuguese Statistic Institute has just released, August’s CPI final data and its subcomponents (unfortunately, we could not comment yesterday, sorry for any inconvenience).  
CPI Portugal final data – August’s CPI: 2.76%YoY, Core 2.44%; o/w...



September 04, 2025
António Seladas
Portugal – DEI’s average 3QtD25 is, probably, underestimating the economic activity
Portugal – Daily Economic Indicator – DEI’s average 3QtD remains negative (-0.8%), however it should be underestimating the GDP growth…
Portugal – DEI’s average 3QtD25 is, probably, underestimating the economic activity



September 01, 2025
António Seladas
Budget execution in July keeps performing
the budget execution, keeps performing surplus +€2,327MnYtD (until July) vs. a surplus of €940Mn in 2024 (until July), mainly due to Effective Revenues +7.1%YtD above Effective Expenditures, +5.1%YtD...
Budget execution in July keeps performing



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