SYNTHESIS INE@COVID-19, 9 mar-2021

March . 09 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 9/18 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Impact of the pandemic on turnover in the 1 st fortnight of February 2021 • 62% of enterprises reported a reduction in turnover, compared to the same period of the previous year (in the 1 st fortnight of April 2020, 81% of responding enterprises were in this situation). The reduction was greater than 50% for 19% of the enterprises. • 4% of enterprises reported an increase in turnover. • 34% reported that this variable had remained unchanged. Impact of the pandemic on turnover in the 1 st fortnight of February 2021 compared to the same period of the previous year, as a % of the total operating enterprises or temporarily closed 4% 34% 62% 43% 19% 0% 20% 40% 60% 80% 100% Increase No impact Reduc�on Reduc�on <=50% Reduc�on > 50% Of which: • By sectors of activity: » Accommodation and food services and Transportation and storage concentrated the highest percentages of enterprises with a reduction in turnover: 96% and 78%, respectively; » In Hotels and restaurants , 55% of enterprises had reductions of more than 75%; » Construction and real estate registered the smallest reduction in turnover: 44%. Return of turnover to normal In case of an effective control of the pandemic in 2021: • 32% of enterprises estimate that their turnover will return to normal in an average interval of 10.1 months; • 10% of enterprises do not foresee a return to normality; • By sectors of activity: » Accommodation and food services presents the highest percentage of enterprises (20%) that, despite remaining in business, do not expect to return to the normal level of turnover. » Enterprises operating in this sector are also those that, on average, need the longest time for business to return to normal: 13.5 months. Estimated time until the activity of enterprises that had a turnover reduction goes back to normal in case of effective control of the pandemic in 2021 (average no. of months) Total responding enterprises and sector of activity 32% 29% 20% 34% 49% 43% 28% 34% 10.1 10.1 9.0 9.2 11.9 13.5 9.6 10.1 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Total Manufacturing and energy Construc�on and real estate Distribu�ve trade Transporta�on and storage Accommoda�on and food services Informa�on and communica�on Other services No. of months % of enterprises expec�ng turnover to return to normal Es�mated average �me un�l turnover returns to normal (months)