SYNTHESIS INE@COVID-19, 23 AUG 2021

August . 23 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 3/7 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information available at: Monthly economic survey – July 2021 (18 August 2021) Average consumption of electricity on working days • The average consumption of electricity on a working day registered a year-on-year growth of 0.6%, which compares with increases of 12.0% and 7.1% in May and June, respectively; In July 2021, concerning the Euro Area: • The economic sentiment indicator reached the highest value of the series (which began in January 1985), after having increased for the sixth consecutive month, presenting, however, since May, a successively slower rate of growth; The evolution of the indicator in July reflected the increase in confidence in the industry and services sectors, while it stabilised in retail trade and decreased in construction; • The consumer confidence indicator decreased, interrupting the upward trend registered since February. 0.6 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Jul-05 Jul-07 Jul-09 Jul-11 Jul-13 Jul-15 Jul-17 Jul-19 Jul-21 y-o-y rate/% The industrial production prices increased by 10.2% In July 2021: • The Industrial Production Prices Index (IPPI) increased by 10.2% year- -on-year (8.9% in the previous month), with: » 12.7% in Intermediate goods (10.3% in June); » 26.0% in Energy (24.3% in June); • Excluding Energy , the year-on-year rate of change in industrial production prices was 6.8% (5.6% in the previous month);