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February 28, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – January real retail sales surprised on the upside
The Portuguese economy began the year in a strong pace, sales growth in general above 3MMA, while inflation remains relevant.
February 27, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator
Euro Area is consolidating after several months of improvement, while Portugal outperformed in February, even so, when compared with the moving averages Portuguese data is consistent with the Euro Area.
February 17, 2023
António Seladas, CFA
António Seladas, CFA
Portugal December External figures – Current Account Balance deficit
Over the last two quarters, the Portuguese economy external imbalances, slightly improved, Trade Account balance is stabilizing at negative figures (11% pf GDP), while surplus at Services Account (9% of GDP), where Tourism (6.5% of GDP) is recorded,
February 16, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – January’s Coincident Indicators are levelling-off, clearly surprising
The BoP (Bank of Portugal) has just released January’s Economic Activity Coincident Indicator (EACI) and Private Consumption Coincident Indicator (PCCI).
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