Debt of families, companies and state increases

The indebtedness of the non -financial sector, which brings together public, companies and private administrations, increased by about 4,400 million euros in January, in homologous terms, to 818,400 million euros.

According to data from Monday from Banco de Portugal (BDP), in late January this year, private sector indebtedness-which includes companies and individuals-represented 455 billion euros. Public sector debt – which includes public administrations and public companies – totaled 363,400 million euros.

The largest slice of the homologous evolution of non-financial sector debt was due to the public sector, which within 12 months increased by about 4,000 million euros. Most (3,100 million euros) went to the abroad.

According to the Lusa agency, the Central Bank attributes this climb to the investment of non -residents in long -term public debt securities, but also increasing companies (another 500 million euros), public administrations (300 million euros) and individuals (200 million euros).

In turn, the private sector debt was, in January, about 400 million euros higher than a year earlier. The biggest slice was from individuals, whose debt increased by 300 million euros, “mainly with banks, through housing credit”, while private companies rose their debt at 100 million euros.

In January, the indebtedness of private companies had an annual variation rate (TVA) – which excludes the impact of variations that were not motivated by transactions themselves – 1.6%, accelerating 1.2% in the previous month. The Central Bank points out that the indebtedness of individuals “presents a growth trend in the last 15 months”, in January, rising 4.2%.