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In October 2022, the implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira (Read more...)
In the 3rd quarter of 2022, the overdue loans ratios decreased compared to the previous quarter (Read more...)
In 2022, the proportion of persons between 16 and 74 years old who reported having used the Internet in the last 3 months prior to the interview was higher in the Autonomous Region of Madeira than in the country (Read more...)
In the first nine months of 2022, the natural decrease was higher than in the same period of the previous year (Read more...)
Between January and September 2022, the egg production, livestock slaughtering and poultry meat increased year-on-year while landed catch registered a decrease, but its value rose (Read more...)
At the end of the 3rd quarter of 2022, the number of jobs in the Regional Administration of Madeira was 20 806 (Read more...)
DREM releases "In Focus" with statistical indicators related to the sea for the Autonomous Region of Madeira (Read more...)
DREM releases Culture indicators for 2021 (Read more...)
DREM releases data for January to September 2022 on golf courses and cruise ships that visited the Region (Read more...)
In August 2022, Madeira’s economy accelerated (Read more...)
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In July 2022
Implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira
According to information made available by Statistics Portugal (INE), in July 2022, the implicit interest rate on housing credit in the Autonomous Region of Madeira was 0.870%, increasing by 0.054 percentage points (pp) from the previous month. In July 2021, the implicit interest rate was 0.710%.
The average value of loan repayments for all housing credit contracts rose to 276 euros in the month of reference, with the interest set at 44 euros (up by 3 euros from the previous month) and the capital amortisation at 232 euros (down by 1 euro over the previous month). In July 2021, a month in which the moratorium on mortgage payments was in place, the average value of loan repayments was just 239 euros.
In turn, the average outstanding loan value for housing credit contracts rose to 60,663 euros (60,532 euros in June 2022). A year earlier it stood at 58,399 euros.
In Portugal, and all housing credit contracts, the implicit interest rate rose to 0.912%, up by 0.054 pp over the previous month. The average value of loan repayments increased to 264 euros, with the average outstanding loan value going up from 60,061 euros, in June 2022, to 60,405 euros, in July 2022.