...
January 08, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator December...
Summing up, the Euro Area ESI is under strong pressure, finished the year at low levels below moving averages, mainly due to Industry, however Consumer Confidence is also adjusting, while Services are flattening...
January 07, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, November...
Summing up, Deposits continue to outperform, +7.9%YoY/1.2%MoM; while total Loans are also starting to perform, 1.9%YoY/0.43%MoM, namely “Mortgage Loans” +2.9%YoY and “Consumer and Other Purposes Loans” +4.2%....
January 06, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: November’s job data...
Summing up - the job market in November remained stable at high levels, unemployment rate at 6.6%, slightly above moving averages. The Employed population and the Active population are at record levels at least for the last (15 years)...
January 02, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – December is surprisingly weak
Summing up, the economy remains volatile, after a strong October, November was weak and December seems even weaker, so 4Q24 GDP’s performance could be impacted…
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