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

July . 07 . 2020 page 9/21 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 The Accommodation and food services sector recorded the most significant increase in the number of enterprises operating: 82% (+5 percentage points (p.p.) than the previous fortnight). However, it continued to be the one with the highest percentage of closed enterprises either temporarily or definitively (+18%). Impact of the COVID-19 pandemic on turnover, in the 2nd fortnight of June 2020, as a % of the total number of enterprises operating or temporarily closed 7% 27% 66% Increase No impact Reduction Given the situation that could be expected without the pandemic, 66% of the enterprises continued to report a negative impact on turnover (68% in the previous fortnight). Sectors with the highest proportion of enterprises reporting reductions in turnover: • Accommodation and food services : -87% (-1 p.p. vis-à-vis the previous fortnight); • Transportation and storage : -80% (+3 p.p. vis-à-vis the previous fortnight). In contrast, the sector Construction and real estate activities had the lowest percentage of enterprises reporting a reduction in turnover (52%, the same figure as in the previous fortnight). The comparison of results between the second fortnight of June and the previous shows that: • 37% of the enterprises reported stabilization in turnover, more so those belonging to the sector Construction and real estate activities (58%); • The remaining enterprises more frequently reported increases in turnover vis-à-vis the previous fortnight (34%) than reductions (28%). Turnover Evolution (2 nd fortnight and the 1 st fortnight of June) Total number of enterprises operating or temporarily closed 2% 32% 37% 16% 12% Sharp increase Slight increase Unchanged Slight decrease Sharp decrease