SYNTHESIS INE@COVID-19, 8-Sept -2020

www.ine.pt page 1/10 September . 08. 2020 SYNTH SIS IN @ COVID-19 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Statistics Portugal makes available the 23 rd weekly report of some of the most recent and relevant statistical findings released for monitoring the social and economic impact of the COVID-19 pandemic. This report covers the press releases concerning: - CPI/HICP Flash Estimate, published on August 31; - Tourism activity, flash estimate – July 2020, published on August 31; - Monthly Employment and Unemployment Estimates – July 2020, published on August 31; - Quarterly national accounts – 2 nd Quarter 2020, published on August 31; - Industrial production index – July 2020, published on September 01. For further details, see the links available throughout this press release. In August, the CPI year-on-year rate of change was estimated at 0.0% - flash estimate September . 08 . 2020 In August, the year-on-year rate of change of the Consumer Price Index (CPI) should have been nill (+0.1% in July). In year-on-year terms, consumer prices would have a nill variation in all groups, except Energy products , which recorded a -5.0% rate of change (-5.3% in July). The core inflation index (total index excluding energy and unprocessed food products ) was also nill (+ 0.1% in July). Concerning month-on-month rates of change, the CPI should have had a 0.2% reduction (-1.3% in July; -0.1% in August 2019). There were declining month-on-month rates of change in all groupings, except for Energy products with nill variation (+2.0% in July). SYNTH SIS IN @ COVID-19