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February 10, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – January’s CPI: Energy prices keep adjusting benefiting headline inflation
The signals of lower inflation continued in January, headline inflation adjusting mainly due to energy, while Core inflation is also adjusting, at a slower pace.
February 09, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – 4Q22 salaries increased close to 4.3%YoY
The Portuguese Statistic Institute has just released, 4Q22 gross monthly earnings per employee (per job).
February 02, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Banking Industry, December –The banking sector is through an historical positive period
The environment remains very positive to the sector. Mortgage and Corporate Loans interest rates are increasing, the liquidity remains abundant, the ratio Loans to Deposits is close to 0.8x (almost half of the figure 10 years ago)
February 01, 2023
António Seladas, CFA
António Seladas, CFA
Portugal Economy: Government debt at YE22, 114.7%; below Government’s target
Gross debt at YE22, as measured by the European Commission, at 114.7% of GDP reached the Government’s target 115.4% and went down from 125.5% at YE21.
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