SYNTHESIS INE@COVID-19, 22-jun-2020

June . 22 . 2020 page 8/19 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 COVID-19: monitoring the impact of the pandemic on enterprises Statistics Portugal and the Banco de Portugal launched the Fast and Exceptional Enterprise Survey (COVID- IREE), to identify the effects of the pandemic on the activity of the enterprises. Initially released weekly it is now available every fortnight. The survey is necessarily short in order not to overburden enterprises. In the fifteen days under review (16th June on), questions were asked about turnover, persons employed, staff working from home (remote working) and with an alternate presence in the premises of the enterprise, the difficulty in complying with the sanitary and requirements necessary for the resumption of the activity, the use of public supporting measures, and the use of credit. This survey does not cover the financial sector or public administration organizations. The survey results point to a slight improvement in the enterprises’ situation in the first fortnight of June, of which: • 95% remained in production or operation, even partially (92% in the previous fortnight); • 4% were temporarily closed (7% in the previous fortnight); • 1% had been definitively closed (the same as in the previous fortnight). The Accommodation and food services sector stood out due to the increased number of enterprises operating from 59% in the previous fortnight to 77% in the fortnight under analysis. However, it continued to be the one with the highest percentage (22%) of closed enterprises either temporarily or definitively (42% in the previous fortnight). Situation of the enterprises, as a % of the total number of enterprises 95% 5% 1% 97% 3% 0% 0% 20% 40% 60% 80% 100% 120% Still in production or operation, even partially Temporarily closed Definitively closed Without exporting profile With exporting profile The percentage of exporting enterprises that remained in production or operation stood at 97% (95% in the previous fortnight). Given the situation that could be expected without the pandemic, 68% of the enterprises continued to report a negative impact on turnover (73% in the previous fortnight).

RkJQdWJsaXNoZXIy MjM5MTA=