2022 Edition 40 Average consumption of electricity on working days Operations carried out on ATM (value) Passenger car sales Private consumption In the 4th quarter of 2021, private consumption of resident households registered a year-on-year rate of change of 5.3% in volume, following the rate of change of 4.0% in the previous quarter (-5.8% in the 4th quarter of 2020). When compared with the 3rd quarter, private consumption increased by 1.0% (1.7% quarter-on-quarter rate of change in the previous quarter), with a slowdown to 0.6% in expenditure on non-durable goods and services (2.5% in the 3rd quarter) and a growth of 5.4% in expenditure on durable goods (6.1% decrease in the previous quarter). The quantitative indicator of private consumption accelerated in January, after having decelerated in the previous month. In February 2022: • Sales of passenger cars registered a year-on-year increase of 39.4%, after the 1.9% fall in January; • The overall number of national withdrawals, payments of services, and purchases at ATM terminals of the Multibanco network revealed a year-on-year growth of 38.9% (23.1% in the previous month). Note that the year-on-year evolution reflects a base effect since additional restrictive measures were implemented in January and February 2021 in the context of the pandemic; Compared with the corresponding months of 2020, the changes in the overall number of withdrawals were 0.0% and 3.3% in January and February 2022, respectively; The Consumer Confidence indicator increased in January and February, after having stabilised in December and decreased in the two previous months, significantly in November. 1.6 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Feb-06 Feb-08 Feb-10 Feb-12 Feb-14 Feb-16 Feb-18 Feb-20 Feb-22 y-o-y rate/% 39.4 -200.0 -100.0 0.0 100.0 200.0 300.0 400.0 500.0 Feb-06 Feb-08 Feb-10 Feb-12 Feb-14 Feb-16 Feb-18 Feb-20 Feb-22 y-o-y rate/% 39.9 -60.0 -40.0 -20.0 0.0 20.0 40.0 60.0 Feb-06 Feb-08 Feb-10 Feb-12 Feb-14 Feb-16 Feb-18 Feb-20 Feb-22 y-o-y rate/%
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