SYSNTHESIS INE@COVID-19, 4-may-2020

www.ine.pt page 03/12 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt Confidence indicators and their base series (ERB*) monthly base series values -32,1 -53,6 -60,0 -50,0 -40,0 -30,0 -20,0 -10,0 0,0 10,0 20,0 ERB Manufacturing industry - confidence indicator Total Production in the next 3 months -53,1 -60,0 -50,0 -40,0 -30,0 -20,0 -10,0 0,0 10,0 20,0 Trade - confidence indicator Total Wholesale Activity in the next 3 months -55,3 -61,6 -80,0 -60,0 -40,0 -20,0 0,0 20,0 40,0 Services - confidence indicator Total Demand in the next three months (* ERB - Extreme Responses Balance) SYNTH SIS May . 4 . 2020 IN @ COVID-19 The Manufacturing Industry confidence indicator reached its lowest level since April 2009, as a result of the negative contributions of the balance on the current global demand and the firms' production perspectives. Opinions on current stock of finished products contributed positively to the indicator. The Services confidence indicator recorded the largest monthly reduction with the lowest value since April 2001. The Trade confidence indicator declined significantly in April, registering a new minimum, as a result of the negative contribution of the perspectives on business activity in the next three months, opinions on the sales evolution and on the volume of stocks. The period for collecting qualitative surveys data for April occurred from 01 to 17 April in the case of the consumer survey and from 01 to 23 April for business surveys. Considering effective monthly values without moving averages, all confidence indicators (consumers and business) showed strong reductions in April. Further information is available at: (As of 29 April 2020) Business and consumer surveys Consumer confidence and economic climate indicators reveal significant reductions apri -l 19 may 19 - aug-19 sept-19 octo-19 dec-19 feb-20 apri -l 20 jun-19 j l- u 19 nov-19 jan-20 ma -r 20 apri -l 19 may 19 - aug-19 sept-19 octo-19 de 19 c- feb 20 - apri -l 20 j n-19 u j l- u 19 nov 19 - j -20 an ma -r 20 april-19 may-19 aug-19 sept-19 oc o-19 t de 19 c- feb-20 april-20 jun-19 j l- u 19 nov 19 - j -20 an ma -r 20 -41,6 -31,75 -72,75 -80,0 -60,0 -40,0 -20,0 0,0 20,0 Consumers - confidence indicator Total Household financial situation (next 12 months) Economic situation in the country (next 12 months) apri -l 19 may 19 - aug-19 sept-19 oc o-19 t de 19 c- feb-20 april-20 ma -r 20 jan-20 j n-19 u j l- u 19