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October 01, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – August retail sales, volumes, +4.9%YoY, o/w Food: +4.6% and non-Food: +5.2%....
Summing up, Retail Sales in August, volumes: +4.9%YoY, below moving averages, o/w, Food: +4.6% and non-Food +5.2%. Still robust data, balanced between Food and Non-Food, even so adjusting from higher figures over the last four months...
October 01, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: August’s job data – The job market slightly adjusted in August...
Summing up, the job market in August, slightly adjusted, the unemployment rate increased 13bpMoM to 6.09%. Nevertheless, Employed population and Active population, +3.4%YoY and 3.1%YoY, respectively, continue to show strong growth...
September 29, 2025
António Seladas
António Seladas
Portuguese Economy: ESI in September adjusted from a strong August...
Portuguese Economy: Economic Sentiment Indicator, September – Portuguese index ESI adjusted from a strong August, while in the Euro Area the ESI was stable on a weak environment…
September 25, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – 3Q25 DEI’s average remains weak...
Summing up, DEI’s 3QtD average data, remains below 1%, which, we believe is underestimating the actual state of the economy. So 3Q25 data, should be, over time, reviewed upwards, as was the case of the 2Q25.
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