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September 22, 2025
António Seladas, CFA
António Seladas, CFA
Housing Market Portugal 2Q25 – Prices +17.2%YoY/+4.7%QoQ and volumes +15%YoY/+3.7%QoQ....
Summing up, the housing market reached record levels over the 2Q25, Prices +17.2%YoY/+4.7%QoQ; while volumes +15.5%YoY/+3.7%QoQ, remain strong, even so, slightly below moving averages...
September 19, 2025
António Seladas
António Seladas
Portugal – Consumption remains the key driver of growth...
Portugal – Daily Economic Indicator – DEI’s average over the 3Q25 remains weak. Meanwhile, August Coincident Indicators show a more consistent picture…
September 18, 2025
António Seladas
António Seladas
Portugal – July External data – Travel Account surplus grew 8.6%YoY, above moving averages…
Summing up, External data outperformed again in July, a seasonal important month, due to the performance of Travel Services Account, surplus, +8.6%YoY, above moving averages. Meanwhile, Balance Goods’ abnormal deficit, -9.6% of GDP...
September 11, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI’s average 3QtD was reviewed...
Summing up, DEI’s 3QtD average data, was reviewed upwards and is now more aligned with macro hard data that has been released, namely, retail sales...
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