SYNTHESIS INE@COVID-19, 18 May-2021
May . 18 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 16/23 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Construction production decreased by 1.6% In March 2021, the production construction index decreased by 1.6% year-on-year (-3.6% in the previous year), with the following performances of its segments: • Building construction : -3.1% (-4.8% in February); • Civil engineering : +0.5% (-1.7% in February). Construction production index (year-on-year rate of change) Employment and Wages and salaries Indices (year-on-year rate of change) More information at: Index of production, employment, and wages in Construction – March 2021 (13 May 2021) In March, the employment and wages and salaries indices in Construction performed as follows: • Year-on-year rates of change of 0.7% and 5.9% respectively (-0.4% and 0.1% in February, in the same order); • Compared to the previous month, increases of 0.9% in the employment index (-0.3% in March 2020) and 4.0% in the wages and salaries index (-1.7% in March 2020). -1.6% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 5.9% 0.7% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 Wages and salaries Employment Gross monthly earnings increased by 3.1% in the 1 st quarter to EUR 1.227 In the 1 st quarter of 2021, compared to the same period in 2020: • The average gross monthly earnings per employee (per job) increased by 3.1% to EUR 1,227; • The regular component of earnings (excluding holiday and Christmas allowances) grew by 3.6% and stood at EUR 1,106; • Base earnings increased by 3.8% to EUR 1,041. In real terms - i.e. taking into account the change in the Consumer Price Index - monthly earnings registered the following year-on-year increases: • Total gross earnings: 2.7%; • Regular gross earnings: 3.2%; • Base gross earnings: 3.4%.
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