SYNTHESIS INE@COVID-19, 23-Nov-2021

November . 23 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 8/11 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information is available at: Monthly economic survey – October 2021 (18 November 2021) Average consumption of electricity on working days • Average electricity consumption on a working day grew by 0.2% year-on-year, which compares with rates of 0.4% and 0.6% in August and September, respectively. External economic framework In the 3 rd quarter of 2021, volume GDP increased by: • 2.2% in the Euro Area (-0.1 p.p. than in the previous quarter); • 2.1% in the European Union (also -0.1 p.p. than in the previous quarter). The Euro Area economic sentiment indicator increased in September and October, approaching the series’ maximum value recorded in July. In October: • The recovery of confidence levels in the services sector and, to a lesser extent, in construction and retail trade, stood out; in industry, confidence levels stabilised; • The consumer confidence indicator decreased again, after having increased in the previous month. Operations carried out on ATM (value) • Transactions via the Multibanco network (total domestic withdrawals as well as payments for services and purchases at ATM terminals) grew by 14.6% year-on-year (10.7% in the previous month); 14.6 -60.0 -40.0 -20.0 0.0 20.0 40.0 60.0 Oct-05 Oct-07 Oct-09 Oct-11 Oct-13 Oct-15 Oct-17 Oct-19 Oct-21 y-o-y rate/% 0.2 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Oct-05 Oct-07 Oct-09 Oct-11 Oct-13 Oct-15 Oct-17 Oct-19 Oct-21 y-o-y rate/%