SYNTHESIS INE@COVID-19, 5 Feb-2021

February . 05 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 9/20 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Industrial Production Index (Year-on-year rate of change) Intermediate goods Industrial Production Index (Year-on-year rate of change) Energy Month-on-month rate of change In December 2020, compared to the previous month, the IPI recorded a rate of change of -1.8% (+4.7% in November). The groupings that make up this aggregate index recorded the following month-on-month rates of change: • Consumer goods : +2.0% (-4.9% in November); • Intermediate goods : +3.9% (-0.3% in November); • Investment goods : -0.8% (-3.6% in November); • Energy : -0.1% (-12.4% in November). Average year-on-year rate of change The industrial production index decreased by 7.0% for 2020 as a whole (-2.3% in 2019), with all groupings showing a declining rate of change. The average year-on-year rates of change in the IPI groupings were as follows: • Consumer goods : -8.4% (-2.2% in 2019); • Intermediate goods : -6.1% (-0.9% in 2019); • Investment goods : 13.4% (+2.9% in 2019); • Energy : -0.6% (-8.9% in 2019). Major Industrial Groupings (month-on-month rate of change) IPI - Total and Major Industrial Groupings (Average year-on-year rate of change) 5.3% -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 -15.6% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 - 12.4% -3.6% -0.3% -4.9% -4.7% -0.1% -0.8% 3.9% 2.0% 1.8% Energy Investment goods Intermediate goods Consumer goods Total November December -8.9% 2.9% -0.9% -2.2% -2.3% -0.6% 13.4% -6.1% -8.4% 7.0% Energy Investment goods Intermediate goods Consumer goods Total 2020 2019 More information available at: Industrial production index – December 2020 (29 January 2021)

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