Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 8167.73 8323 7970 7768 7571
Currency 1.16 1.17 1.19 1.19 1.2
Government Bond 10Y (%) 3.35 3.23 3.15 3.1 3.06

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.20 0.1 0.3 0.2 0.2
GDP Annual Growth Rate (%) 1.20 1.2 1 1 1.1
Unemployment Rate (%) 7.90 7.8 7.9 7.8 7.7
Inflation Rate (%) 1.00 0.9 1.1 1.2 1.4
Inflation Rate MoM (%) 0.70 0.3 0.2 -1.2 0.2
Interest Rate (%) 2.15 2.15 2.15 2.15 2.15
Balance of Trade (EUR Million) -4843.20 -5140 -6600 -8380 -4400
Current Account (EUR Million) -557.00 -3400 -2400 -4800 -1200
Business Confidence (points) 102.00 103 102 101 102
Manufacturing PMI (points) 50.10 50.9 51.6 51.5 52
Services PMI (points) 49.60 50.5 52 51.8 52
Consumer Confidence (points) 91.00 90 91 92 92
Current Account to GDP (% of GDP) 0.10 0.6
Government Debt to GDP (% of GDP) 113.00 118
Government Budget (% of GDP) -5.80 -5

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.20 0.1 0.3 0.2 0.2
GDP Annual Growth Rate (%) 1.20 1.2 1 1 1.1
GDP Constant Prices (EUR Million) 662177.00 663447 664164 667598 669461
Gross Fixed Capital Formation (EUR Million) 143358.00 143029 143280 144414 144935
GDP from Agriculture (EUR Million) 8223.00 7727 7983 8168 8313
GDP from Utilities (EUR Million) 10674.00 10674 10215 10681 10791
GDP from Transport (EUR Million) 26749.00 27526 27466 27264 27043
GDP from Construction (EUR Million) 30318.00 30432 30438 30574 30651
GDP from Manufacturing (EUR Million) 59514.00 59813 59812 60257 60169
GDP from Services (EUR Million) 350698.00 350925 351791 353426 354556
GDP (USD Billion) 3162.08 3194
GDP per Capita (USD) 39441.26 39836
GDP per Capita PPP (USD) 54464.98 55010
Full Year GDP Growth (%) 0.90 1

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 7.90 7.8 7.9 7.8 7.7
Employed Persons (Thousand ) 28108.00 28164 28249 28305 28362
Unemployed Persons (Thousand) 3090.50 3160 3120 3100 3180
Long Term Unemployment Rate (%) 1.80 1.7 1.8 1.7 1.6
Youth Unemployment Rate (%) 20.90 20.8 20.9 20.8 20.7
Labour Costs (points) 113.80 116 118 120 122
Wages in Manufacturing (points) 122.70 124 125 125 125
Wage Growth (%) 1.60 1.9 1.8 1.6 1.7
Employment Change (%) 0.00 0.2 0.3 0.2 0.2
Initial Jobless Claims (Thousand) -26.90 17 15 5 18
Wages (EUR/Month) 3602.00 3663
Population (Million) 69.08 69.08

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 1.00 0.9 1.1 1.2 1.4
Inflation Rate MoM (%) 0.70 0.3 0.2 -1.2 0.2
Consumer Price Index CPI (points) 99.62 100 101 101 101
Harmonised Consumer Prices (points) 100.35 100 101 101 101
Core Inflation Rate (%) 0.70 1.1 1.4 1.5 1.6
Core Consumer Prices (points) 100.10 101 101 102 102
Producer Prices (points) 124.00 124 119 121 125
Producer Prices Change (%) -2.30 -1.6 -0.3 1.1 1.5
Food Inflation (%) 2.10 1.9 1.7 1.6 1.7
Harmonised Inflation Rate YoY (%) 1.10 0.9 1.1 1.2 1.4
Producer Price Inflation MoM (%) 0.50 0.3 0.3 -0.2 0.3
CPI Transportation (points) 98.60 98.9 99.09 97.9 98.1
CPI Housing Utilities (points) 100.25 101 101 101 102

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 2.15 2.15 2.15 2.15 2.15
Interbank Rate (%) 2.03 2.03 2.03 2.03 2.03
Loans to Private Sector (EUR Million) 3151740.00 3161176 3173467 3156188 3186409
Private Debt to GDP (%) 204.90 202

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (EUR Million) -4843.20 -5140 -6600 -8380 -4400
Current Account (EUR Million) -557.00 -3400 -2400 -4800 -1200
Exports (EUR Million) 53061.60 53860 52100 50780 53600
Imports (EUR Million) 57904.80 59000 58700 59160 58000
Tourist Arrivals (Thousand) 2796.00 2880 4090 4000 2680
Current Account to GDP (% of GDP) 0.10 0.6

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Budget Value (EUR Billion) -9.70 -36 -88 -140 -151
Government Revenues (EUR Billion) 387.74 85 186 261 369
Fiscal Expenditure (EUR Billion) 510.23 121 274 401 520
Government Debt to GDP (% of GDP) 113.00 118
Government Budget (% of GDP) -5.80 -5
Government Spending to GDP (% of GDP) 57.30 57.2

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Business Confidence (points) 102.00 103 102 101 102
Manufacturing PMI (points) 50.10 50.9 51.6 51.5 52
Services PMI (points) 49.60 50.5 52 51.8 52
Composite PMI (points) 49.90 50.6 51.5 51.7 52
Industrial Production (%) 1.70 1.5 1.1 1.4 1.5
Industrial Production Mom (%) -0.70 0.2 -0.6 -0.2 0.4
Business Climate Indicator (points) 97.00 98 97 98 99

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) 91.00 90 91 92 92
Retail Sales YoY (%) 1.20 0.5 1.2 1.4 1.1
Consumer Spending (EUR Million) 346374.00 348611 348139 348561 350184
Disposable Personal Income (EUR Million) 471367.00 475106 475216 475879 476552
Personal Savings (%) 17.89 17.9 17.7 17.6 17.5
Personal Spending (%) 0.50 0.3 0.6 0.3 0.4
Bank Lending Rate (%) 3.51 3.51 3.51 3.51 3.51
Gasoline Prices (USD/Liter) 2.11 2.15 2.24 2.3 2.36
Consumer Credit (EUR Million) 1740859.00 1748832 1750522 1756928 1760008

Housing Actual Q1/26 Q2/26 Q3/26 Q4/26
Housing Starts (units) 25113.00 19100 24500 26500 40700
Construction PMI (points) 43.50 45 47 49 51.5