SYNTHESIS INE@COVID-19, 2 mar-2021

March . 02 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 6/23 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information available at: Indices of production, employment, and wages in construction – December 2020 (10 February 2021) Production in construction contracted by 2.5% The Production in Construction Index decreased by 2.5% in December, year-on-year (-1.8% in the previous month), with its segments performing as follows: • Building construction : -3.4% (-2.9% in November); • Civil engineering : -1.1% (-0.2% in November). Construction production index (year-on-year rate of change) In December, the employment and wages indices in construction registered: • Year-on-year rates of change of -0.1% and +1.3% (-0.1% and -2.8% in November, respectively); • Compared with the previous month, a 1.2% reduction in the employment index (-1.1% in December 2019) and a 4.2% increase in the wages and salaries index (-0.1% in December 2019). Employment and Wages and salaries Indices (year-on-year rate of change) In 2020 as a whole: • Production in construction decreased by 3.5% (+2.7% in 2019); • Employment and wages indices have recorded decreases of 0.5% and 1.0% respectively (+2.2% and +5.5% in 2019). -2.5% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% Dec-17 Feb-18 Apr-18 Jun-18 Aug-18 Oct-18 Dec-18 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 1.3% -0.1% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Dec-17 Feb-18 Apr-18 Jun-18 Aug-18 Oct-18 Dec-18 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Wages and salaries Employment