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September 10, 2025
António Seladas, CFA
António Seladas, CFA
CPI Portugal final data – August’s CPI: 2.76%YoY, Core 2.44%; o/w...
The Portuguese Statistic Institute has just released, August’s CPI final data and its subcomponents (unfortunately, we could not comment yesterday, sorry for any inconvenience).
September 04, 2025
António Seladas
António Seladas
Portugal – DEI’s average 3QtD25 is, probably, underestimating the economic activity
Portugal – Daily Economic Indicator – DEI’s average 3QtD remains negative (-0.8%), however it should be underestimating the GDP growth…
September 01, 2025
António Seladas
António Seladas
Budget execution in July keeps performing
the budget execution, keeps performing surplus +€2,327MnYtD (until July) vs. a surplus of €940Mn in 2024 (until July), mainly due to Effective Revenues +7.1%YtD above Effective Expenditures, +5.1%YtD...
September 01, 2025
António Seladas
António Seladas
Portuguese Economy – July retail sales, volumes, +7.2%YoY, o/w Food: +6.3% and non-Food: +8.0%. Positive data, that bodes well for retailers and government budget…
Retail Sales in July, volumes: +7.2%YoY, above moving averages o/w, Food: +6.3% and non-Food +8.0%. Strong sales data in July, that points to a 3Q25 in line with the prior quarter. Clearly very positive for Retailers and government budget.
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