...
February 02, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - Public Debt finished the year below 90% of GDP
Quick Comment: All in all, a positive budget execution, in 2025, even that structural expenditures, Employees: +8.2%YoY and Current Transfers: +5.1%YoY; continue to increase, partially offset by Interest Charges: -2.2%...
January 29, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: ESI in January adjusted, however seems like a break
Summing up, the Euro Area ESI in January, surprised +220bpMoM, to 99.4 (+4%YoY), above the moving averages, Industry and Services, both improved sequentially. Meanwhile, in Portugal, the ESI, in January underperformed -300bpMoM…
January 29, 2026
António Seladas, CFA
António Seladas, CFA
Portugal: December's job data – The job market remains robust
Summing up, the job market in December kept the recent trend, namely Employed population growing above Active population so unemployment rate continues to adjust, 5.59% a new recent low...
January 29, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - December Retail sales volumes: +3.8%YoY; o/w Food +3.4%; below moving averages
Summing up, Retail Sales in December, volumes (without service stations and car sales): +3.8%YoY, weaker data; below moving averages; o/w, Food: +3.4%, and non-Food +4.1%; both also below moving averages...
Back See More
