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June 02, 2023
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government debt in April went slightly down to 113% of GDP
Summing up: Gross debt in April almost stabilized on a MoM basis, mainly because Deposits were almost flat at €23Bn and deficit in April on a cash basis was only €919Mn.
June 02, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy - April's efective revenues +17.2YoY and 9.5%Ytd
Portuguese Economy - April’s budget execution continues to benefit from Effective revenues +17.2%YoY and 9.5%YtD (Direct taxes, Indirect taxes and Social Security contributions, +17.3%YtD; +6.8%YtD and 11.9%YtD, respectively)
June 01, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: April’s job data – Unemployment rate went slightly down -20bp MoM to 6.77%
Summing up – The unemployment rate went slightly down in April, -20bp MoM to 6.77%; between 12MMMA and 3MMA.
May 31, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – Retail sales in Portugal in April outperformed, +1.4%YoY
Portuguese Economy – Retail sales in Portugal in April outperformed, +1.4%YoY mainly due to higher food volumes, +2.1%YoY
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