November 09, 2023
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI remains on the weak side, but Positive YoY
The DEI remains on the weak side, but positive YoY, nevertheless, growing below 2%YoY. Actually, the moving average, slightly recovered over the last few days.



November 02, 2023
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI remains weak
The DEI continues to lose momentum over the 4Q23, even that is apparently stabilizing at low levels. We should notice the DEI is volatile and often adjusted backwards.



November 02, 2023
António Seladas, CFA
Portuguese Economy - September’s budget execution surprised positively
September budget execution surprised positively and basically compensated the negative execution in August. In fact, the two months together, generate an excess vs. 2022, of €110Mn.



November 02, 2023
António Seladas, CFA
Portuguese Banking Industry, September – The good days in the sector are just ending!
In a nutshell, remuneration on new Time-Deposits on Individuals, +42bp MoM to 2.31%, surprised, namely the monthly pace, as up to now the monthly increases were smaller.



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