Fundos imga




October 30, 2025
Antonio Seladas
Portuguese Economy - September Retail sales: +5.8%YoY; o/w Food +2.9%YoY and Non-Food: +8.3% ...
Summing up, Retail Sales in September, volumes: +5.8%YoY, in line with moving averages, o/w, Food: +2.9% and non-Food +8.3%. Data remains robust, mainly Non-food items, Clothes, Computers, Pharma products…
Portuguese Economy - September Retail sales: +5.8%YoY; o/w Food +2.9%YoY and Non-Food: +8.3% ...



October 29, 2025
Antonio Seladas
Portugal: Septmber's job data – The job market remais balanced, between Active and Employed population ...
Summing up, the job market in September remained strong, both Active population and Employed population reached record levels in line with the trend observed in recent quarters...
Portugal: Septmber's job data – The job market remais balanced, between Active and Employed population ...



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...



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