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The debt of families, companies and the state in September rose to 798.700 million rubles.

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“Public sector debt to companies has decreased by 100 million euros,” the central bank notes.

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“Public sector debt to companies has decreased by 100 million euros,” the central bank notes.

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The debt of the non-financial sector (public administrations, companies and individuals) increased by 4,300 million euros in September compared to August and amounted to 798,700 million euros, the Bank of Portugal (BdP) said on Monday.

Of this amount, €440,700 million associated with the private sector (private companies and individuals) and €358,000 million to the public sector (public administrations and public companies).

In September, private sector debt increased by 2,200 million eurosthis increase being “mainly due to an increase in debt of private companies by 1,900 million euros, mainly in relation to the financial sector (2,200 million euros), partly offset by a decrease abroad (300 million euros) .

Private debt also rose by 400 million euros.an increase of 600 million euros in the financial sector and a decrease of 200 million euros abroad.

With regard to public sector debt, “it increased by 2,100 million euros and led to an increase of 800 million euros in relation to the outside world and 1,400 million euros in relation to individuals, the financial sector and public administrations.”

Vice versa, “Public sector debt to companies reduced by 100 million euros”notes the central bank.

On an annual basis, compared to September 2021, the debt of private companies increased by 2.9%, which corresponds to an acceleration of 0.3 p.p. compared to the previous month.

The total debt of individuals increased by 3.7% compared to the same period, which is lower than in August (3.9%).

December 21 BdP updates statistics on financial sector debt.

Source: Observador

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