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January 19, 2026
António Seladas, CFA
António Seladas, CFA
Portugal – November External data – Travel account surplus is slowing down...
In a nutshell, external data in November remained positive, namely the Current Account surplus, in percentage of GDP, last 12 months, 1.3%, in line with 12MMA but below 3MMA...
January 16, 2026
António Seladas, CFA
António Seladas, CFA
Private Consumption Indicator: +3.2YoY, instead of 3.4%, as it was wrongly written before. Sorry for any inconvenience
Portugal – December Coincident Indicators keep performing, namely Private Consumption, 3.4%YoY; as the general index, Economic Activity, +2.2%YoY, despite being above moving averages, remains below the Private Consumption. Meanwhile, DEI’s January pe
January 13, 2026
António Seladas, CFA
António Seladas, CFA
December's CPI: Services inflation at 3.9%, remains high
Quick Comment: CPI Portugal final data – December’s CPI: 2.19%YoY (Core 2.05%), o/w - Services inflation 3.86%; in line with moving averages and Goods inflation 0.98%; below moving averages...
January 08, 2026
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator, December...
Summing up, the Euro Area ESI in December, went slightly down -40bpMoM, to 96.7; even so above the 12MMA and just slightly below the 3MMA...
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