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October 26, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – the DEI has lost momentum over the month
After a strong recovery over the 3Q23, the DEI on October is losing steam from high levels. The DEI is volatile and often adjusted backwards, nevertheless is clearly weaker.
October 19, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – July and August data were reviewed upwards
Portugal – Daily Economic Indicator – July and August data were reviewed upwards, so the 3Q23 performance shouldn’t have been so different from the prior quarters
October 19, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – August External figures – Current Account surplus is close to record levels
Portugal – August External figures – Current Account surplus, in percentage of GDP, is close to record levels, mainly due to the Tourism sector
October 12, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – September's clearly surprised upwards
Portugal – Daily Economic Indicator – September DEI’s data was reviewed upwards, pointing to an unexpected strong month benefitting the quarter’s growth
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