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January 19, 2023
António Seladas, CFA
António Seladas, CFA
Portugal November External Figures – Current Account deficit is consolidating around -1.7% of GDP
Summing up, the Current Account Balance is apparently consolidating around -1.7% of GDP, a median score; as the strong performance at the Services Account Balance, mainly due to Tourism, close to 6.5% of GDP
January 12, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy
December’s Coincident Indicators surprised in December, as barely moved.
January 11, 2023
António Seladas, CFA
António Seladas, CFA
Portugal – December’s CPI: Energy prices adjusted for the second month in a row
Energy prices come down for the second month in a row, which is positive and Core Inflation +7.3%YoY, despite a recent record, increased only 5bp MoM.
January 06, 2023
António Seladas, CFA
António Seladas, CFA
Portugal: November’s job data
Job market data in November confirmed October signals of weakness, which surprises, as the job market usually reacts with a time-lag.
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