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In the first fortnight of May

High percentage of enterprises declared difficulties in fulfilling hygiene and safety requirements necessary to resume the activity

The Regional Directorate of Statistics of Madeira (DREM) releases today the results of the 1st fortnight of May reporting of the Fast and Exceptional Enterprise Survey (COVID-IREE), a statistical operation devised by Statistics Portugal and the Bank of Portugal, which aims to identify the effects of the pandemic on business activity.

DREM coordinated the data collection from the enterprises in the Autonomous Region of Madeira. The response rate in this fortnight was about 92%, much higher than in the country (62%).

In the 1st fortnight of May 2020, 76% of companies were still in production or operation (90% in the country), even partially and 23% were temporarily closed (10% in the country).

Given the situation that could be expected without the pandemic, 83% of the enterprises continued to report a negative impact on turnover. This reduction was higher than 50% in a large proportion of the responding enterprises (51%). For these indicators, the percentages in Portugal were of 77% and 35%, respectively.  

When comparing the 1st fortnight of May with the 2nd fortnight of April, the vast majority (74%) of the enterprises point to stabilisation while 17% report a small variation in turnover.

The evolution of orders/clients was the main factor mentioned by the enterprises that reduced turnover in this period, while the change in the containment measures was the most cited reason by the enterprises that reported increases.

55% of the enterprises reported reductions in persons employed effectively working in the 1st fortnight of May (50% in Portugal). Regarding the 2nd fortnight of April, most enterprises did not report a change in the number of persons employed (74%).

The activity recovery is conditioned by the hygiene and safety requirements imposed on enterprises. In this context, a new survey question points out that the unavailability of individual protection material, the restrictions on physical space and the high costs are the factors that make it most difficult to meet these requirements.

It was found that around 49% of the responding enterprises had people in remote working. In Portugal this percentage was 54%.


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