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March 03, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - January's budget execution outperformed
A positive budget execution in January, surplus, €1.8Bn; +€188Mn than in January 2025; mainly due to Effective Revenues, +6.1%YtD vs. Effective Expenditures, +5.1%YtD...
March 02, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – January retail sales, volumes, +5.1%YoY, o/w Food: +5.1%...
Summing up, Retail Sales in January, volumes (without service stations and car sales):+5.1%YoY; o/w, Food: +5.1%, and non-Food +5.2%...
February 26, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in February, improved, but remains volatile
Summing up, the Euro Area ESI in February, slightly adjusted -100bpMoM, after a strong January, even so data remains above the moving averages, so the smooth upwards trend remains in place. Meanwhile, in Portugal data remains volatile...
February 20, 2026
António Seladas, CFA
António Seladas, CFA
Portugal – January Coincident Indicators,keep the trend
Quick Comment: Portugal – January Coincident Indicators keep performing, mainly Private Consumption, +3.3%YoY; around moving averages...
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