Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Currency 1.13 1.15 1.15 1.16 1.16
Stock Market (points) 25231.20 24080 23442 22820 22820
Government Bond 10Y (%) 3.46 3.51 3.46 3.4 3.4

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.30 0.3 0.3 0.4 0.3
GDP Annual Growth Rate (%) 1.00 1.6 1.5 1.4 1.3
Unemployment Rate (%) 6.40 6.3 6.3 6.2 6.1
Inflation Rate (%) 3.30 3.7 3.4 3.3 3
Inflation Rate MoM (%) 0.60 0.4 0.3 0.2 0.2
Interest Rate (%) 2.65 2.9 3.15 3.15 3.15
Balance of Trade (EUR Billion) 21.27 13.6 12.9 10 10.5
Current Account (EUR Million) 21200.00 19900 30400 25900 24500
Services PMI (points) 52.90 50.5 50.6 50.9 51
Business Confidence (points) 89.90 89 87.5 88 88.5
Manufacturing PMI (points) 53.90 51.5 50.9 51 52
Retail Sales MoM (%) 1.30 0.3 0.5 0.3 0.4
Consumer Confidence (points) -30.60 -32 -30 -27 -26
Current Account to GDP (% of GDP) 4.40 4.5
Government Debt to GDP (% of GDP) 63.50 65.9
Government Budget (% of GDP) -2.70 -4

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.30 0.3 0.3 0.4 0.3
GDP Annual Growth Rate (%) 1.00 1.6 1.5 1.4 1.3
GDP Constant Prices (EUR Billion) 1171.82 1168 1177 1188 1187
Gross National Product (EUR Billion) 1213.48 1207 1216 1230 1229
Gross Fixed Capital Formation (EUR Billion) 176.75 182 180 179 179
GDP from Agriculture (EUR Billion) 6.57 6.67 6.64 6.66 6.65
GDP from Manufacturing (EUR Billion) 167.58 171 172 170 170
GDP from Public Administration (EUR Billion) 172.95 173 177 175 175
GDP from Services (EUR Billion) 133.82 135 136 136 136
GDP from Construction (EUR Billion) 29.86 31.43 30.29 30.28 30.25
GDP (USD Billion) 5050.92 5122
GDP per Capita (USD) 44146.64 44765
GDP per Capita PPP (USD) 62823.77 63703
Full Year GDP Growth (%) 0.20 1.4

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 6.40 6.3 6.3 6.2 6.1
Employed Persons (Thousand ) 45473.00 45428 45428 45473 45518
Unemployed Persons (Thousand ) 3012.00 3000 2990 2970 2950
Unemployment Change (Thousand) 12.00 10 4 1 -10
Long Term Unemployment Rate (%) 1.10 1.2 1.2 1.1 1.1
Youth Unemployment Rate (%) 7.20 7.1 7.1 7 6.9
Productivity (points) 95.50 97.2 97.3 97.4 97.5
Labour Costs (points) 124.46 125 125 126 126
Job Vacancies (Thousand) 656.48 636 630 632 645
Wage Growth (%) 1.50 1.1 1 1.2 1.1
Wages in Manufacturing (points) 174.28 105 105 108 176
Negotiated Wage Growth (%) 2.50 2.7 2.8 2.7 2.6
Employment Change (%) -0.10 -0.1 0 0.1 0.1
Wages (EUR/Month) 4851.00 4904
Minimum Wages (EUR/Hour) 13.90 13.9
Population (Million) 83.50 83.44

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 3.30 3.7 3.4 3.3 3
Inflation Rate MoM (%) 0.60 0.4 0.3 0.2 0.2
Harmonised Consumer Prices (points) 103.93 104 106 106 107
Consumer Price Index CPI (points) 125.80 127 129 129 130
Core Inflation Rate (%) 2.40 2.7 2.9 3 3
Core Consumer Prices (points) 121.70 121 124 125 125
Producer Prices (points) 131.20 132 133 134 136
Producer Prices Change (%) 4.60 5.4 4.7 4.3 3.7
Import Prices (points) 119.70 121 126 125 124
Food Inflation (%) 0.10 1.6 2.4 2.6 2.3
Energy Inflation (%) 14.90 12.5 10 7 3
Import Prices YoY (%) 8.30 8.9 7.8 5.9 3.4
Harmonised Inflation Rate YoY (%) 3.30 3.7 3.5 3.4 3
Wholesale Prices YoY (%) 6.80 7.5 6 4.3 3.2
Producer Price Inflation MoM (%) 1.10 0.4 0.3 0.3 0.2
Wholesale Prices MoM (%) 0.90 0.4 0.3 0.4 0.2
Wholesale Prices (points) 124.90 127 130 129 129

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 2.65 2.9 3.15 3.15 3.15
Interbank Rate (%) 2.51 2.76 3.01 3.01 3.01
Money Supply M2 (EUR Billion) 4078.30 4110 4150 4140 4120
Foreign Exchange Reserves (EUR Million) 502625.00 511000 515000 515900 517000
Loans to Private Sector (EUR Billion) 2016.80 2007 2015 2045 2043
Central Bank Balance Sheet (EUR Billion) 2247.37 2390 2420 2425 2440
Private Debt to GDP (%) 140.70 142

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (EUR Billion) 21.27 13.6 12.9 10 10.5
Current Account (EUR Million) 21200.00 19900 30400 25900 24500
Exports (EUR Billion) 138.22 139 140 141 142
Imports (EUR Billion) 119.60 125 127 131 132
Auto Exports (Units) 168300.00 218686 317521 290577 170656
Tourist Arrivals (Thousand) 4857.33 2900 2600 3920 3800
Current Account to GDP (% of GDP) 4.40 4.5

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Budget Value (EUR Billion) -54.34 -40 -41 -19 -24
Government Revenues (EUR Billion) 513.34 534 474 510 487
Fiscal Expenditure (EUR Billion) 567.69 574 515 529 511
Government Debt to GDP (% of GDP) 63.50 65.9
Government Budget (% of GDP) -2.70 -4
Government Spending to GDP (% of GDP) 50.50 52

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Services PMI (points) 52.90 50.5 50.6 50.9 51
Business Confidence (points) 89.90 89 87.5 88 88.5
Manufacturing PMI (points) 53.90 51.5 50.9 51 52
Composite PMI (points) 53.80 51.5 51 50.6 51.5
Industrial Production (%) -1.60 0.5 1.4 1 1.5
Industrial Production Mom (%) -1.10 -0.2 -0.6 0.5 0.6
Manufacturing Production (%) -3.20 0.4 1.1 1 1.4
Factory Orders (%) 2.50 1 0.5 1.4 -0.6
Bankruptcies (Companies) 2266.00 2090 2050 2000 1990
Corporate Profits (EUR Billion) 237.38 238 242 245 246
ZEW Economic Sentiment Index (points) 34.70 20 15 7 12
Car Registrations (Units) 212563.00 225000 265900 302000 220100
Car Production (Units) 229900.00 261624 407831 381477 233119
Ifo Current Conditions (points) 89.50 86 86.5 86.9 87
Ifo Expectations (points) 90.40 85.9 86 87 91.9
ZEW Current Conditions (points) -47.10 -54 -60 -58 -56

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Retail Sales MoM (%) 1.30 0.3 0.5 0.3 0.4
Consumer Confidence (points) -30.60 -32 -30 -27 -26
Retail Sales YoY (%) -0.40 1.5 1.1 1.2 1.4
Consumer Spending (EUR Billion) 498.40 509 505 505 505
Disposable Personal Income (EUR Billion) 681.98 686 687 692 691
Personal Savings (%) 10.10 10.5 10.6 10.5 10.5
Consumer Credit (EUR Million) 238206.00 241143 240411 241541 241303
Bank Lending Rate (%) 4.26 4.51 4.76 4.76 4.76
Gasoline Prices (USD/Liter) 2.64 2.93 3.06 3.19 3.19

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Construction Output (%) 1.00 -2 -1.7 -0.7 -0.2
Housing Index (points) 222.54 224 224 226 227
House Price Index YoY (%) 1.70 1.6 1.7 1.8 1.9
Construction Orders (%) -1.90 -2 6.5 4 7
Construction PMI (points) 48.70 46 45 47 48
Building Permits (Units) 18441.00 18936 18749 18466 19732