SYNTHESIS INE@COVID-19, 19 Oct-2021

October . 19 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/10 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Exports - Total (year-on-year rate of change) Imports - Total (year-on-year rate of change) • The deficit of trade balance in goods amounted to €1,754 million, representing increases of €479 million compared to August 2020 and €131 million compared to August 2019; • Excluding Fuels and lubricants , the deficit of trade balance reached €1,242 million in August 2021. In the quarter ending August 2021: • Compared to the same period in 2020, exports and imports increased by 16.2% and 24.4%, respectively; • Compared with the quarter ended August 2019, exports and imports increased by 8.2% and 3.2%, respectively. More information is available at: International trade statistics – August 2021 (11 October 2021) Services turnover increased by 11.2% The Services Turnover Index 1 (STI) registered a nominal year-on-year rate of change of 11.2% in August 2021 (-0.3 percentage points (p.p.) than in the previous month). It should be noted that the August 2021 index remained lower (4.5%) than that of the corresponding month of 2019. In August 2021, the remaining Services indices presented the following year-on- year rates of change: • Employment: 1.1% (1.0% in July); • Wages and salaries: 3.3% (4.2% in July); • Hours worked (adjusted of calendar effects): 2.4% (5.6% in July). 16.6% -45.0% -25.0% -5.0% 15.0% 35.0% 55.0% 75.0% Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 21.9% -45.0% -25.0% -5.0% 15.0% 35.0% 55.0% 75.0% Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 1 Nominal data adjusted for seasonal and calendar effects.

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