SYNTHESIS INE@COVID-19, 7 Oct-2021

October . 07 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 3/11 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt • The highest rents were recorded in the sub-regions: » Área Metropolitana de Lisboa (€8.82/m 2 ); » Algarve (€6.96/m 2 ); » Área Metropolitana do Porto (€6.40/m 2 ); » Região Autónoma da Madeira (€6.32/m 2 ). Annual rates of change in median rent per m² and in the number of new leases for Portugal More information is available at: House rental statistics at local level – 2 nd Quarter of 2021 (28 September 2021) 11.5% 5.3% 49.3% - 4.1% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 2Q 2021 1Q 2021 Median house rental value per m 2 No. of new lease agreements • The number of new leases in the country grew sharply (49.3%) compared to the same quarter of 2020 and also increased, albeit to a smaller extent (3.0%), compared to the 1 st quarter of 2021; • All NUTS III sub-regions had an increase in the number of new leases compared to the same period; • Área Metropolitana de Lisboa accounted for a third of the new leases (7,171). Área Metropolitana de Lisboa and Área Metropolitana do Porto together accounted for 53% of the country’s total new leases and Algarve for 6.3 %. The consumer confidence indicator increased while the economic climate indicator decreased The consumer confidence indicator increased inAugust and September, after declining in July, approaching the pre-pandemic values recorded at the beginning of 2020. The economic climate indicator declined in September, showing irregular behaviour since July, when the recovery observed since March was interrupted. Economic Climate Indicator 1.6% -2.5% -2.0% -1.5% -1.0% -0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21