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May 02, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – March retail sales...
Summing up, Retail Sales in March slowed down, mainly due to Easter impact (volumes: +2.2%YoY), as seasonal adjusted data remains upbeat (5%YoY).,,
April 30, 2025
António Seladas, CFA
António Seladas, CFA
Portugal: March’s job data – The job market remains stable at levels not seen for many years
Summing up - the job market remains stable at high levels; employed population, 5.175Mn is reaching the highest level since Feb/98...
April 29, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator, April – Portugal index ESI continues to adjust
Summing up, the Euro Area ESI in April continued to adjust, mainly Services Confidence and Consumer, two months in a row, the index is now below moving averages; while industry remains in the doldrums...
April 24, 2025
António Seladas, CFA
António Seladas, CFA
Portugal – Daily Economic Indicator – DEI average over the 1Q25...
Summing up, DEI’s average data over the 1Q25 was reviewed upwards 2.4% vs. 1.7% the weeks before, which means 1Q25GDP outperformed, figures around 2.5%YoY or higher should not surprise
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