SYNTHESIS INE@COVID-19, 3 may-2021

May . 03 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 3/7 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Production in Construction decreases by 3.4% The Production in Construction Index decreased by 3.4% in February 2021 year-on-year (-2.6% in the previous month), with its segments performing as follows: • Building Construction : -4.7% (-3.6% in January); • Civil Engineering : -1.5% (-1.0% in January). Construction production index (year-on-year rate of change) Employment and Wages and salaries Indices (year-on-year rate of change) More information available at: Indices of production, employment, and wages in Construction – February de 2021 (13 April 2021) In February, the indices of employment, wages and salaries in Construction registered: • Year-on-year rates of change of -0.7% and 0.6%, respectively (nil change and 0.5% in January, in the same order); • Compared to the previous month, a nil rate of change in the employment index (0.7% in February 2020) and an increase of 3.1% in the wages and salaries index (2.9% in February 2020). -3.4% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 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 Feb-21 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 Feb-21 Wages and salaries Employment 0.6% -0.7% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% The CPI year-on-year rate of change stood at 0.5% Year-on-year rate of change In March 2021, the Consumer Price Index (CPI) registered a year-on-year rate of change of 0.5%, the same as in the previous month. The core inflation indicator (total index excluding unprocessed food and energy) registered a rate of change of 0.1% (-0.6 percentage points (p.p.) than in the previous month). Consumer price and core inflation indices (year-on-year rate of change and 12-month moving average) - 0.01% 0.45% 0.10% -1.0% -0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 CPI (12-month moving average) CPI (year-on-year rate of change) Core Infla ti on (year-on-year rate of change)