SYNTHESIS INE@COVID-19, 15-may-2020

May . 15 . 2020 page 2/9 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 Index of Wages and salaries in Services (year-on-year change rate) Total 1,7% 0,0% 1,0% 2,0% 3,0% 4,0% 5,0% 6,0% 7,0% Mar-19 May-19 Jul-19 Nov-19 Jan-20 Mar-20 Sept-19 All sections showed negative developments, the following being observed in the three sections with the highest weights in the index: • “Wholesale trade, trade and repair of vehicles and motorcycles”: -14.4% (+1.2% in the previous month); • “Accommodation, food services and similar”: -49.1% (+4.9% in February); • “Transport and storage”: -17.6% (+6.8% in February). The monthly rate of change in the Index of Turnover was -17.5% (-1.1% in the previous month). EMPLOYMENT The Index of Employment in Services recorded a year-on-year growth of 0.2% in March. The monthly rate of change in the Index of Employment was -0.4% (+0.3% in February). Index of Employment in Services (year-on-year change rate) Total 0,2% 0,0% 0,5% 1,0% 1,5% 2,0% 2,5% Mar-19 May-19 Jul-19 Nov-19 Jan-20 Mar-20 Sept-19 WAGES AND SALARIES In year-on-year terms, the Index of Gross Wages an salaries in services paid was 1.7% (+5.9% in February). Index of Hours worked in Services (year-on-year change rate) Total -3,3% -4,0% -2,0% 0,0% 2,0% 4,0% 6,0% Mar-19 May-19 Jul-19 Nov-19 Jan-20 Mar-20 Sept-19 HOURS WORKED The Labour Volume Index, as measured by hours worked, adjusted for calendar effects, stood at -3.3% (+3.9% in February) in year- on-year terms. The monthly variation in the Labour Volume Index was -3.8% in March. More information available at: Business turnover, employment, wage and hours worked indices in services (12 May 2020)

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