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December 07, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI remains resilient
The DEI (Daily Economic Index) kept the momentum over November and is now 4QtD at 4.3%YoY; slightly above the prior week and two weeks ago.
December 04, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Gross Government debt should finish the year around current levels
Gross Government debt, Maastricht definition, should finish the year around current levels, October: €270Bn, which should mean Debt to GDP ratio YE2023: 102%/103%.
December 04, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, October – The good times in the sector are over!
Remuneration on new Time-Deposits on Individuals, +64bp MoM to 2.93%, +100bp in two months. The pace keeps surprising, namely because liquidity in the system remains abundant, ratio Loans to Deposits below 0.85x
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - October’s budget surplus: +€6.2Bn, a historical figure
Budget execution in October maintained the strong performance, benefitting from several one-off expenditures in October2022.
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