Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 1.16 1.16 1.17 1.17 1.18
Stock Market (points) 8278.90 8333 8021 7837 7658
Government Bond 10Y (%) 4.21 4.09 3.99 3.92 3.86

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.00 0.1 0.1 0.2 0.3
GDP Annual Growth Rate (%) 0.70 0.4 0.5 0.7 0.9
Unemployment Rate (%) 8.30 8.1 8.2 8.3 8.4
Inflation Rate (%) 2.40 2.2 2.3 2 1.9
Inflation Rate MoM (%) 0.70 0 0.2 0.3 0.2
Interest Rate (%) 2.40 2.65 2.65 2.9 2.9
Balance of Trade (EUR Million) -5847.10 -6380 -5800 -6000 -6000
Current Account (EUR Million) -1371.00 -4800 -1200 -3200 -2200
Business Confidence (points) 103.00 99 97 96 97
Services PMI (points) 48.00 49.1 49.9 50.5 51.1
Manufacturing PMI (points) 51.10 51 50.2 50.9 51.1
Consumer Confidence (points) 86.00 86 85 84 86
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 -5.2

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.00 0.1 0.1 0.2 0.3
GDP Annual Growth Rate (%) 0.70 0.4 0.5 0.7 0.9
GDP Constant Prices (EUR Million) 664746.00 666618 669037 669162 670729
Gross Fixed Capital Formation (EUR Million) 143046.00 144968 145280 144420 144333
GDP from Agriculture (EUR Million) 7702.00 8389 8292 8005 7771
GDP from Construction (EUR Million) 29972.00 30788 30884 30357 30242
GDP from Utilities (EUR Million) 10089.00 10133 10253 10162 10180
GDP from Transport (EUR Million) 28048.00 28001 28336 28330 28300
GDP from Manufacturing (EUR Million) 63711.00 63609 63509 63973 64284
GDP from Services (EUR Million) 350908.00 350827 352527 353131 354066
GDP (USD Billion) 3366.32 3383
GDP per Capita (USD) 39918.89 40118
GDP per Capita PPP (USD) 55124.54 55400
Full Year GDP Growth (%) 0.90 0.5

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 8.30 8.1 8.2 8.3 8.4
Unemployed Persons (Thousand) 3143.00 3130 3140 3150 3160
Employed Persons (Thousand ) 28259.00 28287 28344 28372 28429
Long Term Unemployment Rate (%) 2.10 1.9 2 2.1 2.2
Youth Unemployment Rate (%) 20.70 20.5 20.6 20.7 20.8
Labour Costs (points) 115.30 117 119 122 125
Wages in Manufacturing (points) 123.80 125 125 126 127
Wage Growth (%) 1.70 1.7 1.9 2.1 2.2
Employment Change (%) 0.00 0.1 0.2 0.1 0.2
Initial Jobless Claims (Thousand) 21.50 5 18 -12 -20
Wages (EUR/Month) 3602.00 3670
Population (Million) 69.08 69.25

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 2.40 2.2 2.3 2 1.9
Inflation Rate MoM (%) 0.70 0 0.2 0.3 0.2
Harmonised Consumer Prices (points) 103.82 102 102 103 104
Consumer Price Index CPI (points) 102.68 102 102 103 104
Core Inflation Rate (%) 1.30 1.4 1.5 2.1 1.9
Core Consumer Prices (points) 101.53 102 102 103 103
Producer Prices (points) 124.10 123 127 129 125
Producer Prices Change (%) 3.40 3 2.9 2.2 1.9
Food Inflation (%) 1.10 1.1 1.2 1.7 2
Producer Price Inflation MoM (%) 1.10 -0.2 0.3 0.4 0.3
Harmonised Inflation Rate YoY (%) 2.70 2.5 2.6 2.1 2
CPI Transportation (points) 108.28 108 108 109 109
CPI Housing Utilities (points) 102.83 102 102 103 104

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 2.40 2.65 2.65 2.9 2.9
Interbank Rate (%) 2.51 2.76 2.76 3.01 3.01
Loans to Private Sector (EUR Million) 3196576.00 3137439 3167442 3183197 3225345
Private Debt to GDP (%) 204.10 202

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (EUR Million) -5847.10 -6380 -5800 -6000 -6000
Current Account (EUR Million) -1371.00 -4800 -1200 -3200 -2200
Exports (EUR Million) 54537.30 54780 55600 55800 56000
Imports (EUR Million) 60384.40 61160 61400 61800 62000
Tourist Arrivals (Thousand) 4190.00 4000 2680 3020 4210
Current Account to GDP (% of GDP) -0.40 -0.4

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Budget Value (EUR Billion) -145.90 -120 -124 -30 -86
Government Revenues (EUR Billion) 204.72 269 391 91 190
Fiscal Expenditure (EUR Billion) 328.10 389 515 121 276
Government Debt to GDP (% of GDP) 115.60 118
Government Budget (% of GDP) -5.10 -5.2
Government Spending to GDP (% of GDP) 57.20 57.2

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Business Confidence (points) 103.00 99 97 96 97
Services PMI (points) 48.00 49.1 49.9 50.5 51.1
Manufacturing PMI (points) 51.10 51 50.2 50.9 51.1
Composite PMI (points) 48.50 49.1 50.5 50.9 51
Industrial Production (%) -0.10 2.4 1.5 1.6 1.7
Industrial Production Mom (%) 0.10 -0.2 0.4 0.3 0.5
Business Climate Indicator (points) 98.00 93 94 96 97

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) 86.00 86 85 84 86
Retail Sales YoY (%) -0.20 -0.3 -0.1 0.5 1
Consumer Spending (EUR Million) 345826.00 346294 347505 347229 348938
Disposable Personal Income (EUR Million) 475835.00 470924 473704 476943 480118
Personal Savings (%) 17.23 17.6 17.5 17.3 17.1
Bank Lending Rate (%) 3.67 3.92 3.92 4.17 4.17
Gasoline Prices (USD/Liter) 2.42 2.53 2.11 2.11 2.11
Personal Spending (%) 0.50 0.3 0.4 0.3 0.4
Consumer Credit (EUR Million) 1746379.00 1746491 1749666 1751955 1762096

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Construction PMI (points) 37.30 39 38 44 47
Housing Starts (units) 29267.00 26500 42700 22100 25200