...
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - October’s budget surplus: +€6.2Bn, a historical figure
Budget execution in October maintained the strong performance, benefitting from several one-off expenditures in October2022.
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – The DEI remains at 4.2%QtD, clearly above our expectations
The DEI (Daily Economic Index) remains resilient, the weekly average figure, 4QtD, is at 4.2%YoY in line with last week and above the week before
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – Retail sales in October: +0.9%YoY (Food +0.5%YoY and Non-Food: +1.3%YoY)
October data remains in positive territory, volumes +0.9%YoY; mainly due to Non-Food data: +1.3%; as Food, +0.5% disappointed, below 3MMA; despite Food inflation around 5%, is adjusting.
November 30, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: October’s job data
The job market remains strong, namely on a yearly basis, as employed and active population are close to record levels.
Back See More
