...
February 20, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI remains weak...
Summing up, the DEI 1Q25tD average, 1.4% vs. 1.3% the week before. Data remains weak, however, there is a base effect that limits DEI’s performance (similar to the 4Q24), so, over the current quarter, the GDP should outperform the DEI.
February 19, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – December External data...
Summing up, external figures kept in December the positive trend, Current Account Balance, surplus 2.2% of GDP last 12 months, slightly above moving averages...
February 14, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator...
Summing up, the DEI 1Q25 average, 1.3% vs. 1.2% the week before. So, data remains weak, however, the DEI over the 4Q24 was inconsistent with the GDP, meaning that we should wat for more data to have a better idea how the economy is performing.
February 12, 2025
António Seladas, CFA
António Seladas, CFA
CPI Portugal – January’s CPI: +2.5%YoY, Core +2.7%, while Services inflation remains too high, 4.5%
Summing up, January’s headline inflation and core inflation in line with preliminary data, 2.5%Yoy and 2.7%, respectively...
Back See More
