Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 48246.12 46751 45221 44049 42910
Currency 1.17 1.18 1.19 1.19 1.2
Government Bond 10Y (%) 3.86 3.75 3.67 3.61 3.54

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.20 0.3 0.3 0.2 0.2
GDP Annual Growth Rate (%) 0.80 0.5 0.7 0.6 0.7
Unemployment Rate (%) 5.20 5.9 6 6.1 6.1
Inflation Rate (%) 2.80 3.2 3.4 3.1 3
Inflation Rate MoM (%) 1.20 0.2 -0.2 0.2 0.3
Interest Rate (%) 2.15 2.4 2.65 2.65 2.65
Balance of Trade (EUR Million) 4943.51 5160 1150 4460 4500
Current Account (EUR Million) 3654.50 2680 2150 2750 1890
Manufacturing PMI (points) 51.30 52 52.4 52.9 52.7
Services PMI (points) 48.80 52.5 52.8 52.5 52.6
Business Confidence (points) 87.90 88 87 88 89
Consumer Confidence (points) 90.80 89 87 92.5 95
Retail Sales MoM (%) 0.00 0.3 -0.3 0.4 -0.2
Current Account to GDP (% of GDP) 1.10 1.2
Government Debt to GDP (% of GDP) 137.10 139
Government Budget (% of GDP) -3.10 -2.9

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.20 0.3 0.3 0.2 0.2
GDP Annual Growth Rate (%) 0.80 0.5 0.7 0.6 0.7
GDP Constant Prices (EUR Million) 488947.20 489035 491100 491881 492370
Gross Fixed Capital Formation (EUR Million) 111407.20 109878 111207 112076 112187
GDP from Agriculture (EUR Million) 8052.80 8049 8092 8101 8109
GDP from Construction (EUR Million) 26012.30 25701 25842 26168 26194
GDP from Services (EUR Million) 319909.70 320436 321893 321829 322149
GDP from Manufacturing (EUR Million) 71404.10 71326 71785 71833 71904
GDP (USD Billion) 2372.77 2387
GDP per Capita (USD) 34398.20 34605
GDP per Capita PPP (USD) 53115.14 53434
Full Year GDP Growth (%) 0.50 0.6

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 5.20 5.9 6 6.1 6.1
Employed Persons (Thousand ) 24123.82 24172 24245 24317 24366
Long Term Unemployment Rate (%) 2.80 3.5 3.6 3.7 3.7
Youth Unemployment Rate (%) 18.10 18.8 18.9 19 19
Labour Costs (points) 111.60 113 114 114 114
Wages in Manufacturing (points) 114.50 116 116 116 117
Wage Growth (%) 2.40 2.5 2.4 2.3 2.2
Employment Change (%) 0.30 0.2 0.3 0.3 0.2
Wages (EUR/Year) 33148.00 33910
Population (Million) 58.94 58.91

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 2.80 3.2 3.4 3.1 3
Inflation Rate MoM (%) 1.20 0.2 -0.2 0.2 0.3
Consumer Price Index CPI (points) 102.80 126 126 126 105
Harmonised Consumer Prices (points) 103.40 104 104 104 105
Core Inflation Rate (%) 1.60 1.6 1.5 1.6 1.7
Core Consumer Prices (points) 101.50 120 120 120 103
GDP Deflator (points) 116.84 119 120 120 120
Producer Prices (points) 129.90 133 131 129 135
Producer Prices Change (%) 4.20 8.5 6.5 4.5 4
Food Inflation (%) 3.10 3.6 4 3.8 3.2
Harmonised Inflation Rate YoY (%) 2.90 3.2 3.4 3 2.8
Producer Price Inflation MoM (%) 4.40 0.7 0.5 0.4 0.5
CPI Transportation (points) 104.40 105 104 105 105
CPI Housing Utilities (points) 105.50 146 146 145 106

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 2.15 2.4 2.65 2.65 2.65
Interbank Rate (%) 2.11 2.36 2.61 2.61 2.61

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (EUR Million) 4943.51 5160 1150 4460 4500
Current Account (EUR Million) 3654.50 2680 2150 2750 1890
Imports (EUR Million) 48821.00 49940 49600 44940 54000
Exports (EUR Million) 53764.00 55100 50750 49400 58500
Tourist Arrivals (Persons) 3639629.00 8090000 8730000 2490000 4050000
Current Account to GDP (% of GDP) 1.10 1.2

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Manufacturing PMI (points) 51.30 52 52.4 52.9 52.7
Services PMI (points) 48.80 52.5 52.8 52.5 52.6
Business Confidence (points) 87.90 88 87 88 89
Industrial Production (%) 0.50 2.1 2.3 2 1.8
Industrial Production Mom (%) 0.10 0.5 -0.2 0.2 -0.3
Manufacturing Production (%) 0.95 2 2.1 1.7 1.6
Composite PMI (points) 49.20 52 52.3 52.5 52.6

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) 90.80 89 87 92.5 95
Retail Sales MoM (%) 0.00 0.3 -0.3 0.4 -0.2
Retail Sales YoY (%) 1.60 1.4 1.8 1.9 1.7
Consumer Spending (EUR Million) 277560.90 277801 279291 279226 279504
Disposable Personal Income (EUR) 364784.00 365554 368856 366973 367337
Gasoline Prices (USD/Liter) 2.14 2.91 2.5 2.08 2.08
Bank Lending Rate (%) 3.98 4.23 4.48 4.48 4.48
Consumer Credit (EUR Million) 91106.91 89864 90630 91135 91745

Housing Actual Q2/26 Q3/26 Q4/26 Q1/27
Construction Output (%) 1.40 1.8 1.7 1.4 1.6
Construction PMI (points) 46.80 49.9 50.5 51.1 51.5

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 137.10 139
Government Budget (% of GDP) -3.10 -2.9
Government Spending to GDP (% of GDP) 51.20 50.8