Interest rate increased to 1.031%

The implicit interest rate for all housing loan agreements increased from 1.025% in March to 1.031% in April. The average value of loan repayments was 240 Euros, one Euro higher than in the previous month. The average of owed capital increased to 51,81…

Easter induces growth of tourism accommodation activity

Hotel and similar establishments hosted 1.5 million guests and 4.0 million overnight stays in March 2018, figures that relate to year-on-year change rates of +11.6% and +10.3%, accelerating when compared with February (+6.5% and +6.2%, respectively). O…

GDP grew 2.1% year-on-year

The Portuguese Gross Domestic Product (GDP) increased by 2.1% in volume in the first quarter 2018, compared with the same period of 2017 (2.4% in the previous quarter). Net external demand registered a more negative contribution to GDP year-on-year cha…