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December 27, 2023
António Seladas, CFA
António Seladas, CFA
Housing Market Portugal 3Q23 – The housing market remains resilient, prices +7.6%YoY and +1.8%QoQ
The housing market has surprised, as prices are still going up (+7.6%YoY and +1.8%QoQ), despite lower transaction (-18.9%YoY and +1.9%QoQ) and higher interest rates
December 21, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator maintains a strong momentum over the quarter, namely December
The DEI continues to surprise, the weekly average figure, 4QtD, is now at 5.3%YoY vs. last week 4.9% and two weeks ago 4.3%.
December 20, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – October External figures – Tourism sector continues to outperform
Tourism revenues continue to outperform, in October Travel surplus +18.1%YoY and Services surplus 10.5% of GDP, last 12 months, while Goods account deficit remains close to double digit and increased in October 17.5%YoY
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