Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Currency 1.12 1.12 1.13 1.14 1.14
Stock Market (points) 7969.42 7648 7430 7261 7094
Government Bond 10Y (%) 4.97 4.97 4.87 4.79 4.71

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -0.10 0.2 0.2 0.3 0.2
GDP Annual Growth Rate (%) -0.10 0.1 0.5 0.9 1
Unemployment Rate (%) 8.30 8.4 8.4 8.3 8.2
Inflation Rate (%) 3.40 3.6 3.3 2.7 2.5
Inflation Rate MoM (%) 0.40 0.2 0.3 0.2 0.3
Interest Rate (%) 2.65 2.9 3.15 3.15 3.15
Balance of Trade (EUR Million) -6121.90 -6300 -6600 -6300 -6050
Current Account (EUR Million) -1482.00 -1200 -3200 -2200 -4200
Business Confidence (points) 105.30 100 98 97 98
Services PMI (points) 48.40 49.9 50.5 51.1 51
Manufacturing PMI (points) 49.30 50.2 50.9 51.1 51.9
Consumer Confidence (points) 80.00 80 84 86 87
Current Account to GDP (% of GDP) -0.40 -0.4
Government Debt to GDP (% of GDP) 115.60 118
Government Budget (% of GDP) -5.10 -5.4

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -0.10 0.2 0.2 0.3 0.2
GDP Annual Growth Rate (%) -0.10 0.1 0.5 0.9 1
GDP Constant Prices (EUR Million) 663700.00 666363 667890 670552 670337
Gross Fixed Capital Formation (EUR Million) 141850.00 144729 144104 143973 143269
GDP from Manufacturing (EUR Million) 62879.00 63269 63831 64223 63508
GDP from Services (EUR Million) 351561.00 351059 352625 354423 355077
GDP from Construction (EUR Million) 29631.00 30759 30212 30050 29927
GDP from Agriculture (EUR Million) 7582.00 8257 7988 7759 7658
GDP from Utilities (EUR Million) 10007.00 10224 10139 10161 10107
GDP from Transport (EUR Million) 28038.00 28220 28311 28290 28318
GDP (USD Billion) 3366.32 3376
GDP per Capita (USD) 39918.89 40039
GDP per Capita PPP (USD) 55124.54 55290
Full Year GDP Growth (%) 0.90 0.3

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 8.30 8.4 8.4 8.3 8.2
Unemployed Persons (Thousand) 3192.50 3140 3150 3145 3125
Employed Persons (Thousand ) 28232.00 28260 28288 28345 28402
Long Term Unemployment Rate (%) 2.10 2.2 2.2 2.1 2
Youth Unemployment Rate (%) 21.90 22 22 21.9 21.8
Labour Costs (points) 115.31 118 120 123 125
Wages in Manufacturing (points) 124.70 125 126 127 127
Wage Growth (%) 1.70 1.9 2.1 2.2 2
Employment Change (%) 0.00 0.1 0.1 0.2 0.2
Initial Jobless Claims (Thousand) 110.80 18 -12 -20 -30
Wages (EUR/Month) 3602.00 3670
Population (Million) 69.08 69.25

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 3.40 3.6 3.3 2.7 2.5
Inflation Rate MoM (%) 0.40 0.2 0.3 0.2 0.3
Harmonised Consumer Prices (points) 103.89 104 105 105 106
Consumer Price Index CPI (points) 103.07 104 105 105 106
Core Inflation Rate (%) 1.50 1.5 2.1 1.9 2
Core Consumer Prices (points) 101.79 102 103 103 104
Producer Prices (points) 127.60 133 132 127 131
Producer Prices Change (%) 6.80 7.5 5 3.4 2.6
Food Inflation (%) 1.20 1.5 1.7 2 1.9
Producer Price Inflation MoM (%) 1.70 0.3 0.4 0.3 -0.3
Harmonised Inflation Rate YoY (%) 3.80 3.7 3.3 2.9 2.6
CPI Housing Utilities (points) 104.08 104 104 105 107
CPI Transportation (points) 108.45 109 109 109 110

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 2.65 2.9 3.15 3.15 3.15
Interbank Rate (%) 2.64 2.89 3.14 3.14 3.14
Loans to Private Sector (EUR Million) 3198808.00 3233628 3236936 3261064 3253188
Loan Growth (%) 2.70 2.6 2.4 2 1.7
Private Debt to GDP (%) 204.10 202

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (EUR Million) -6121.90 -6300 -6600 -6300 -6050
Current Account (EUR Million) -1482.00 -1200 -3200 -2200 -4200
Exports (EUR Million) 54175.70 55100 55200 55700 56200
Imports (EUR Million) 60297.60 61400 61800 62000 62250
Tourist Arrivals (Thousand) 5057.00 2680 3020 4210 4190
Current Account to GDP (% of GDP) -0.40 -0.4

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Budget Value (EUR Billion) -159.60 -134 -30 -86 -116
Government Revenues (EUR Billion) 228.55 391 91 190 276
Fiscal Expenditure (EUR Billion) 362.97 525 121 276 392
Government Debt to GDP (% of GDP) 115.60 118
Government Budget (% of GDP) -5.10 -5.4
Government Spending to GDP (% of GDP) 57.30 57.2

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Business Confidence (points) 105.30 100 98 97 98
Services PMI (points) 48.40 49.9 50.5 51.1 51
Manufacturing PMI (points) 49.30 50.2 50.9 51.1 51.9
Composite PMI (points) 48.40 50.5 50.9 51 51.5
Industrial Production (%) 0.30 0.7 1.2 1.7 1.9
Industrial Production Mom (%) -0.30 0.4 0.3 0.5 -0.1
Business Climate Indicator (points) 97.00 96 95 97 98

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 80.00 80 84 86 87
Retail Sales YoY (%) -0.20 -0.1 0.5 1 1.1
Consumer Spending (EUR Million) 346907.00 346205 346612 348717 350376
Disposable Personal Income (EUR Million) 475835.00 471818 475996 480118 480593
Personal Savings (%) 17.23 17.5 17.3 17.1 16.9
Personal Spending (%) -0.50 0.4 0.3 0.4 0.2
Bank Lending Rate (%) 3.64 3.89 4.14 4.14 4.14
Gasoline Prices (USD/Liter) 2.45 2.58 2.72 2.84 2.96
Consumer Credit (EUR Million) 1749987.00 1786226 1781532 1781772 1779737

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Construction PMI (points) 39.80 41 43 45 48
Housing Starts (units) 31098.00 42700 22100 25200 27900