SYNTHESIS [email protected], 22-MAY-2020

May . 22 . 2020 page 2/16 Communication Unit | tel: +351 21 842 61 00 | [email protected] www.ine.pt SYNTH SIS IN @ COVID-19 More information available at: Industrial production price index (19 May 2020) Month-on-month rate change • The Industrial Production Price Index registered a month-on-month rate of change of -2.8% in April (+0.6% in April 2019). • The “Energy” index decreased by 13.9% (+2.9% in April of the previous year). • The “Manufacturing” section declined by 2.7% in April (+0.4% in April 2019). 0,6% 0,2% -0,1% 0,0% 2,9% -2,8% 0,4% -0,6% 0,2% -13,9% -16,0% -14,0% -12,0% -10,0% -8,0% -6,0% -4,0% -2,0% 0,0% 2,0% 4,0% Total Consumer Goods Intermediate Goods Investment Assets Energy March 2019 March 2020 Total Index and Large Industrial Groups Month-on-month change (%) COVID-19: monitoring the impact of the pandemic on enterprises Statistics Portugal and the Banco de Portugal launched the Fast and Exceptional Business Survey (COVID-IREE), to identify the effects of the pandemic on the activity of the enterprises. Initially released every week, this survey is now released every fortnight. The survey is necessarily short in order not to overburden the enterprises. In the fifteen days under review (1 st May), questions were asked about turnover, persons employed, staff working from home (remote work) and with an alternate presence on the enterprise premises, the difficulty in meeting the hygiene and safety requirements necessary for the resumption of activity, the use of public support measures and the use of credit. This survey does not cover enterprises in the financial sector or public administration organisations. The enterprises responding to the first fortnight of May reported that: • 90% were still in production or operation, even partially (84% in the previous fortnight). • 10% were temporarily closed (16% in the previous fortnight). • 1% had closed definitively (the same value in the previous fortnight).