SYNTHESIS INE@COVID-19, 14 July 2020

July . 14 . 2020 page 11/13 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 Services Employment Index (year-on-year rate of change) Total -27.80% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Hours worked The year-on-year rate of change of the volume of hours worked in Services index, in May, measured in hours worked adjusted of calendar effects, was -27.8% (-28.7% in April). In May, the month-on-month rate of change in the Volume of services Index was +5.4% (+4.0% in the same period of 2019). More information available at: Sales turnover index – May 2020 (10 July 2020) Exports - Total (year-on-year rate of change) -39.0% -50.0% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Exports and imports of goods decreased by 39.0% and 40.2% respectively, in nominal terms In May 2020, exports and imports of goods recorded nominal year-on-year rates of change of -39.0% and -40.2% respectively (-40.1% and -39.5% in April 2020, in the same order). All product categories in international trade presented significant decreases in May, with the emphasis on Transport equipment , in both flows: • Exports: -54.0%; • Imports: -66.6%.