Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market (points) 8636.80 8596 8315 8122 7934
Currency 1.16 1.16 1.17 1.17 1.18
Government Bond 10Y (%) 4.06 3.88 3.79 3.73 3.67

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.20 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 (%) 2.10 2 1.9 2 1.9
Inflation Rate MoM (%) 0.60 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
Services PMI (points) 49.60 49.1 49.9 50.5 51.1
Manufacturing PMI (points) 49.80 49.9 50.2 50.9 51.1
Business Confidence (points) 101.00 99 97 96 97
Consumer Confidence (points) 86.00 84 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 (%) 0.20 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) 665948.00 666679 669158 669510 671942
Gross Fixed Capital Formation (EUR Million) 143048.00 144957 145346 144466 144335
GDP from Utilities (EUR Million) 10063.00 10152 10250 10153 10154
GDP from Manufacturing (EUR Million) 63696.00 63606 63508 63972 64269
GDP from Agriculture (EUR Million) 8127.00 8394 8427 8307 8200
GDP from Transport (EUR Million) 28590.00 28008 28319 28350 28847
GDP from Construction (EUR Million) 29959.00 30793 30897 30371 30229
GDP from Services (EUR Million) 351800.00 350848 352501 353155 354966
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
Employed Persons (Thousand ) 28259.00 28287 28344 28372 28429
Unemployed Persons (Thousand) 3121.50 3130 3140 3150 3160
Long Term Unemployment Rate (%) 2.10 1.9 2 2.1 2.2
Youth Unemployment Rate (%) 21.10 21.1 21.2 21.3 21.4
Labour Costs (points) 114.50 116 119 121 124
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) 5.90 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 (%) 2.10 2 1.9 2 1.9
Inflation Rate MoM (%) 0.60 0 0.2 0.3 0.2
Consumer Price Index CPI (points) 102.68 102 102 103 104
Harmonised Consumer Prices (points) 102.99 102 102 103 104
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) 122.50 123 127 129 125
Producer Prices Change (%) 2.60 3 2.9 2.2 1.9
Food Inflation (%) 1.00 1.1 1.2 1.7 2
Harmonised Inflation Rate YoY (%) 2.40 2.2 2.1 2 1.9
Producer Price Inflation MoM (%) -0.60 -0.2 0.3 0.4 0.3
CPI Transportation (points) 108.35 108 109 109 109
CPI Housing Utilities (points) 102.88 102 102 103 104

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 2.40 2.65 2.65 2.9 2.9
Interbank Rate (%) 2.43 2.68 2.68 2.93 2.93
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
Imports (EUR Million) 60384.40 61160 61400 61800 62000
Exports (EUR Million) 54537.30 54780 55600 55800 56000
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) -106.80 -120 -124 -30 -86
Government Revenues (EUR Billion) 187.69 269 391 91 190
Fiscal Expenditure (EUR Billion) 276.85 389 515 121 276
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
Services PMI (points) 49.60 49.1 49.9 50.5 51.1
Manufacturing PMI (points) 49.80 49.9 50.2 50.9 51.1
Business Confidence (points) 101.00 99 97 96 97
Composite PMI (points) 49.40 50 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) 97.00 93 94 96 97

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) 86.00 84 85 84 86
Retail Sales YoY (%) -0.20 -0.3 -0.1 0.5 1
Consumer Spending (EUR Million) 345488.00 346308 347481 347306 348597
Disposable Personal Income (EUR Million) 474338.00 470931 474082 477658 478607
Personal Savings (%) 17.86 17.6 17.5 17.3 17.1
Personal Spending (%) 0.40 0.3 0.4 0.3 0.4
Bank Lending Rate (%) 3.61 3.86 3.86 4.11 4.11
Gasoline Prices (USD/Liter) 2.33 2.53 2.11 2.11 2.11
Consumer Credit (EUR Million) 1746379.00 1746491 1749666 1751955 1762096

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Construction PMI (points) 41.50 39 38 44 47
Housing Starts (units) 28554.00 26500 42700 22100 25200