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February 04, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, December...
Summing up, Deposits continue to outperform, +7.5%YoY/1.09%MoM (even that individual deposits were slightly negative MoM, as Saving certificates are outperforming), total Loans are also starting to perform...
February 03, 2025
António Seladas, CFA
António Seladas, CFA
Public Debt and Budget execution in 2024 - Mixed performance
Quick Comment: Government Debt and Budget execution in 2024 - Structural expenditures continued to increase in 2024 (salaries: 7.9%YoY and Current Transfers: +12.6%)...
January 30, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator January...
Summing up, the Euro Area ESI recovered slightly in January from a very low figure in December, even so data remains in line with weak moving averages...
January 29, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: December’s job data...
Summing up - the job market finished the year at record levels, Employed Population above 5.1Mn and Active Population close to 5.5Mn. Meanwhile, unemployed people (the difference) remains stable at 352 000; and unemployment rate, 6.4%...
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