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February 19, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – December External data...
Summing up, external figures kept in December the positive trend, Current Account Balance, surplus 2.2% of GDP last 12 months, slightly above moving averages...
February 14, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator...
Summing up, the DEI 1Q25 average, 1.3% vs. 1.2% the week before. So, data remains weak, however, the DEI over the 4Q24 was inconsistent with the GDP, meaning that we should wat for more data to have a better idea how the economy is performing.
February 12, 2025
António Seladas, CFA
António Seladas, CFA
CPI Portugal – January’s CPI: +2.5%YoY, Core +2.7%, while Services inflation remains too high, 4.5%
Summing up, January’s headline inflation and core inflation in line with preliminary data, 2.5%Yoy and 2.7%, respectively...
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