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June 12, 2025
António Seladas, CFA
António Seladas, CFA
May's CPI: Inflation consolidating slightly above 2%...
CPI Portugal final data – May’s CPI: 2.26%YoY, Core 2.24%; o/w - Services inflation, 3.98% and Goods: +1.01%; shows inflation consolidating slightly above 2%, almost in line with ECB’s target…
June 12, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – DEI's average data over the 2Q25 remains abnormally weak...
Summing up, DEI’s average data remains abnormally weak, 2QtD: -0.3%YoY vs. flat the week before.
June 05, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI’s average 2Q25tD: 0%YoY, remains on the weak side...
Summing up, DEI’s average data remains weak, 2QtD: 0%YoY; even so, data has been reviewed upwards. Less IRS reimbursements should be weighing on the current activity.
June 04, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, April – Strond demand for Consumer Loans and Mortgages...
Summing up, demand on Consumer Loans and Mortgages remains quite strong and increasing, slightly above 5%YoY and 6%, respectively. So the banking sector has been able to postpone adjustments on interest rates...
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