Connect with us

Economy

On December 24, at 12:26 pm, a record was set on the Multibanco network.

Published

on

On December 24, at 12:26 pm, a record was set on the Multibanco network.

Payment company SIBS said Thursday that physical and online purchases were up 26% last December from 2020 and 19% from 2019, the pre-covid-19 crisis.

According to SIBS Analytics, In the last month of 2021, physical purchases were up 26% over the same month in 2020 and 12% over December 2019. Online purchases increased by more than 86% over 2019 and 31% over 2020.

“Internet commerce has gained a significant weight in the total volume of purchases made by the Portuguese, accounting for 14% of the total number of purchases in the last month of December, while in December 2019 this weight was only 9%,” says the SIBS report published in this Thursday. …

With regard to consumption in the days leading up to Christmas, SIBS indicates that “there has been a very significant increase” and that December 23 was the day with the most daily physical purchases on the Multibanco chain in 2021.“Almost double the total number of purchases compared to a typical day of the year in Portugal.”

On December 22nd and 24th, they were ranked second in the “ex aequo” rankings.

The total number of transactions on the SIBS network (i.e. the aggregate of physical purchases, online purchases and withdrawals) peaked on December 24, at 12:26 pm (Lisbon time), with 346 transactions per minute., which, according to SIBS, is “an absolute record in the Multibanco network”.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Europe is turning green. Oil and gold down. Percentage Increases – Markets Per Minute

Published

on

Europe is turning green.  Oil and gold down.  Percentage Increases - Markets Per Minute

Asia in red corresponds to the USA. Europe prepares for red week

After ending the worst semester since 2008, Europe should start trading in negative territory this Friday, with a loss trend spreading into the early second half of the year.

In Asia, the main indices of the continent traded in the red and registered losses for the third day in a row.

Asian markets were affected by May consumption data in the US, which recorded a decline for the first time this year. Investors are still waiting for Chinese President Xi Jinping to visit Hong Kong a year after he introduced a national security law in the region.

In China, the Shanghai Composite fell 0.2% and the Hang Seng was closed for the holiday. In Japan, Topix lost 1.3% and Nikkei lost 1.6%. Finally, in South Korea, Kospi recorded a 1% decline.

Futures for the Stoxx 600, the benchmark for Western Europe, fell 0.8%.

In major market moves, companies associated with tourism and airlines in China fell after announcing emergency fuel spending. Already, chip makers in the region, namely TSMC and Samsung, have stepped up losses at a time when Micron Technology, the largest memory chip maker in the United States, ended depreciation talks on Wall Street after lowering consumer financial outlook. reduce the cost of computers and mobile phones.

“Usually lower US consumption data leads to a drop in global demand. They affect markets dominated by exports, in particular South Korea,” explains Cui Xuehua, analyst at Meritz Securities, Bloomberg.

“Investors are also looking for clues as to whether there will be policies that will benefit Hong Kong, such as opening borders and expanding trade,” an analyst said of the Chinese president’s visit this Friday.

See also  Amazon sells prefab mini houses starting at € 5,000.

Continue Reading

Economy

The government will extend the tax cut on fuel. View new values

Published

on

The government will extend the tax cut on fuel.  View new values

The government will extend the tax cut on petroleum products for the next two months, according to CNN Portugal. But fix the values ​​and stop revisiting them every week.

The government will extend tax cuts on petroleum products in July and August to bring down the final price of fuel. CNN Portugal knows that this decision was approved this Thursday by the Council of Ministers and that it has new characteristics.

The current tax reduction applied only to the months of May and June, thus ending on June 30th. But as fuel prices remain very high, the government decided to extend the decision for another two months, thus covering July and August.

But the model is not exactly the same. The government decided to stop weekly reviews of ISP cuts, as it has done so far, and fix the cuts. Recall that the original goal was to achieve with the help of ISP the equivalent of reducing VAT from 23% to 13%. To do this, the government has launched a set of measures, which now intends to simplify.

Overall, as government sources have been able to confirm to CNN Portugal, the measures approved by the Council of Ministers will constitute a decrease of 28.2 cents per liter of diesel fuel and 32.1 cents per liter of gasoline.which is close to the current values.

According to data from the Directorate General of Energy and Geology from this Thursday, the average price of plain diesel fuel in mainland Portugal is currently 2,062 euros per litre. The average price of regular gasoline 95 is 2101 euros per liter.

See also  Lisbon falls short of European success due to pressure from EDP Group - Stock Exchange

Continue Reading

Economy

Nasdaq down 30% since January, S&P 500 closes worst half since 1970 – ECO

Published

on

Nasdaq down 30% since January, S&P 500 closes worst half since 1970 - ECO





Nasdaq down 30% since January, S&P 500 closes worst half since 1970 – ECO
































Your browser is out of date!

Please upgrade your browser to better view this site. Update your browser now

×

See also  What Transpires If Boeing Consolidates 787 Creation In Charleston?
Continue Reading

Trending