SYNTHESIS [email protected], 5 Feb-2021

February . 05 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 8/20 Communication Unit | tel: +351 21 842 61 10 | [email protected] Industrial production accounts for a year-on-year rate of change of -4.4% in December Year-on-year rate of change In December, the Industrial Production Index 1 (IPI) accounted for a year-on-year rate of change of -4.4% (-3.2% in the previous month). Industrial Production Index (Year-on-year rate of change) Total Of the Major Industrial Groupings, in year-on-year terms, only Intermediate Goods showed a positive rate of change: 5.3%. Energy was the grouping with the most negative rate of change (-15.6%), followed by Investment Goods (-14.4%) and Consumer Goods (-5.4%). Major Industrial Groupings (Year-on-year rate of change) Industrial Production Index (Year-on-year rate of change) Investment goods Industrial Production Index (Year-on-year rate of change) Consumer goods 1 The values presented herein are adjusted for calendar and seasonality effects. -4.4% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 -10.1% -5.4% 1.6% -2.5% -3.2% -15.6% -14.4% 5.3% -1.7% -4.4% Energy Investment goods Intermediate goods Consumer goods Total November December -14.4% -60.0% -50.0% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 -1.7% -40.0% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

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