SYNTHESIS INE@COVID-19, 7-jul-2020

July . 07 . 2020 page 2/21 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 -25.7 -9.80 -41.30 -80.0 -60.0 -40.0 -20.0 0.0 20.0 Total Financial situation of the households over the last 12 months General economic situation in the country over the next 12 months Jun 1 - 9 Jul-19 Oct-19 n 2 Ja - 0 Apr-20 A g 19 u - S p 1 e - 9 Nov-19 Dec-19 Feb-20 Mar-20 y- Ma 20 Jun-20 -46.5 0.4 -80.0 -60.0 -40.0 -20.0 0.0 20.0 40.0 Total Jun 1- 9 Jul 19 - ct 9 O -1 n 2 Ja - 0 Apr-20 A g 19 u - Sep-19 v No -19 Dec-19 - Feb 20 2 Mar- 0 May-20 Jun-20 Demand over the next 3 months -24.4 13.9 -60.0 -50.0 -40.0 -30.0 -20.0 -10.0 0.0 10.0 20.0 SRE Total Production over the next 3 months Jun-19 Jul-19 ct 9 O -1 n 2 Ja - 0 Apr-20 Aug-19 S p 1 e - 9 v No -19 Dec-19 - Feb 20 Mar-20 y- Ma 20 - Jun 20 -20.1 -18.2 -3.4 -60.0 -50.0 -40.0 -30.0 -20.0 -10.0 0.0 10.0 Total Whole sale Business situation over the next 3 months Jun-19 Jul 19 - ct 9 O -1 n 2 Ja - 0 Apr-20 A g 19 u - S p 1 e - 9 v No -19 Dec-19 - Feb 20 2 Mar- 0 y- Ma 20 - Jun 20 Consumers confidence indicator Services confidence indicator Manufacturing industry confidence indicator Trade confidence indicator * ERB – Extreme response balance • The Manufacturing Industry confidence indicator recorded the largest increase ever, with the positive contributions of all components: balance of the appreciations regarding the evolution of global demand, opinions on current stocks of finished products, and, above all, the production perspectives of the enterprises; • The Construction and Public Works confidence indicator continued to recover from the strong decrease recorded in April, with significant positive contributions from both opinions on the order books and perspectives on employment; • The Trade confidence indicator increased, with its components revealing different evolutions: total recovery of the enterprises’ perspectives on business activity in the next three months from the historical minimum recorded in April; a smaller increase in the opinions on the volume of stocks and a strong deterioration in opinions on the sales volume evolution; • The Services confidence indicator also increased, mainly because of the positive contribution of the perspectives on the evolution of the order books. Confidence indicators and their basic series (ERB*) (monthly basic series figures) In June, the telephone interviews of the consumer survey occurred from 1 to 16 June and those of the business surveys ran from 1 to 23 June, coincidingwith the third phase of the plan for lifting COVID-19 containment restrictions plan (which started on June 1), whichmay have contributed to the change in the general sentiment. More information available at: Business and Consumer Surveys (29 June 2020)