...
February 06, 2025
,António Seladas, CFA
,António Seladas, CFA
Portugal – Daily Economic Indicator...
Summing up, 4Q24 average DEI: 1.7%; was reviewed downwards and inconsistent with the strong 4Q24GDP: +2.7%YoY. Meanwhile, January is on the weak side, even so slightly better than November and December....

February 04, 2025
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, December...
Summing up, Deposits continue to outperform, +7.5%YoY/1.09%MoM (even that individual deposits were slightly negative MoM, as Saving certificates are outperforming), total Loans are also starting to perform...

February 03, 2025
António Seladas, CFA
António Seladas, CFA
Public Debt and Budget execution in 2024 - Mixed performance
Quick Comment: Government Debt and Budget execution in 2024 - Structural expenditures continued to increase in 2024 (salaries: 7.9%YoY and Current Transfers: +12.6%)...

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