Monthly Statistical Bulletin, April 2022

APRIL 2022 43 Operations carried out on ATM (value) Passenger car sales Private consumption The quantitative indicator of private consumption accelerated in January and February, after having decelerated in the previous month. In March 2022, year-on-year: • Sales of passenger cars registered an increase of 5.1%, after having increased by 39.4% in the previous month; • The overall amount concerning the national withdrawals, payments for services, and purchases at automatic payment terminals carriedout on the automatic tellermachines of the Multibanco network presented a year-on-year growth of 29.9% (38.9% in the previous month); • The Consumer Confidence indicator decreased sharply, in the context of the war against Ukraine, after having increased in the previous two months. It was the second-largest decrease in the series from the previous month, only surpassed by the decrease recorded in April 2020 (the start of the COVID-19 pandemic). Investment The Gross Fixed Capital Formation indicator slowed down in February, interrupting the upward trend profile of the four previous months, after the declining rates of change registered in August and September. The outcome in February resulted from: • The slight negative contribution of Machinery and equipment, after being positive in January; • A decrease in the positive contribution of Transport Equipment; • An increase in the positive contribution of Construction. External environment of the Portuguese economy In the Euro Area, in March 2022: • The economic climate indicator registered a significant decrease, mainly reflecting: » The sharp reduction in the consumer confidence indicator; » Decreasing confidence in Retail trade and Manufacturing; • The confidence indicator stabilised in Construction and increased slightly in Services. More information is available at: Monthly economic survey – March 2022 20 April 2022 5.1 -200.0 -100.0 0.0 100.0 200.0 300.0 400.0 500.0 Mar-06 Mar-08 Mar-10 Mar-12 Mar-14 Mar-16 Mar-18 Mar-20 Mar-22 y-o-y rate/% 29.9 -60.0 -40.0 -20.0 0.0 20.0 40.0 60.0 Mar-06 Mar-08 Mar-10 Mar-12 Mar-14 Mar-16 Mar-18 Mar-20 Mar-22 y-o-y rate/%