Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 8930.11 9202 8823 8605 8393
Currency 1.16 1.17 1.19 1.19 1.2
Government Bond 10Y (%) 3.15 3 2.93 2.88 2.84

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.90 0.4 0.5 0.5 0.4
GDP Annual Growth Rate (%) 1.90 2.1 2.3 2.2 2
Unemployment Rate (%) 5.60 5.6 5.7 5.9 6
Inflation Rate (%) 2.10 1.9 1.9 1.8 1.8
Inflation Rate MoM (%) 0.10 1.4 0.1 1 0.1
Interest Rate (%) 2.15 2.15 2.15 2.15 2.15
Balance of Trade (EUR Million) -2871.32 -2610 -2280 -2880 -3370
Business Confidence (points) 2.90 2 1.7 1.7 1.7
Retail Sales MoM (%) 2.00 0.4 0.2 0.5 0.4
Consumer Confidence (points) -15.30 -12 -15 -16 -18
Current Account to GDP (% of GDP) 1.20 1.2
Government Debt to GDP (% of GDP) 93.60 89
Government Budget (% of GDP) 0.50 -0.3

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.90 0.4 0.5 0.5 0.4
GDP Annual Growth Rate (%) 1.90 2.1 2.3 2.2 2
GDP Constant Prices (EUR Million) 62882.90 62803 63356 63681 64141
Gross Fixed Capital Formation (EUR Million) 13471.36 12919 13223 13730 13741
Gross National Product (EUR Million) 77318.66 71334 75772 79020 78865
GDP from Services (EUR Million) 9595.67 9671 9839 9829 9788
GDP from Transport (EUR Million) 5381.60 5434 5470 5654 5489
GDP from Manufacturing (EUR Million) 7358.47 7274 7309 7492 7506
GDP from Construction (EUR Million) 2500.35 2510 2533 2560 2550
GDP from Utilities (EUR Million) 1809.01 1819 1806 1821 1845
GDP from Agriculture (EUR Million) 1065.35 1114 1104 1094 1087
GDP (USD Billion) 308.68 316
GDP per Capita (USD) 22479.20 22996
GDP per Capita PPP (USD) 41883.85 42847
Full Year GDP Growth (%) 1.90 2.3

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 5.60 5.6 5.7 5.9 6
Long Term Unemployment Rate (%) 2.10 2.1 2.2 2.4 2.5
Youth Unemployment Rate (%) 18.40 18.4 18.5 18.7 18.8
Labour Costs (points) 164.08 151 164 156 174
Wages (EUR/Month) 1314.00 1345 1352 1382 1394
Wages in Manufacturing (points) 156.30 129 152 127 166
Wage Growth (%) 7.90 7.6 7 6.5 6.1
Population (Million) 10.75 10.84

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 2.10 1.9 1.9 1.8 1.8
Inflation Rate MoM (%) 0.10 1.4 0.1 1 0.1
Consumer Price Index CPI (points) 100.00 101 102 103 103
Core Inflation Rate (%) 1.90 2.1 2 2.1 2
Core Consumer Prices (points) 99.73 102 103 103 103
CPI Transportation (points) 99.37 101 101 102 102
CPI Housing Utilities (points) 101.41 102 102 102 102
Producer Prices Change (%) -2.10 1 1.5 2.3 2
Food Inflation (%) 3.20 2.5 2 2.3 2.3

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
Private Debt to GDP (%) 135.80 128

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (EUR Million) -2871.32 -2610 -2280 -2880 -3370
Imports (EUR Million) 8476.00 9550 9100 9570 9260
Exports (EUR Million) 5604.68 6940 6820 6690 5890
Current Account to GDP (% of GDP) 1.20 1.2

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Business Confidence (points) 2.90 2 1.7 1.7 1.7
Industrial Production (%) 1.20 1.7 1.6 1.9 1.6
Leading Economic Index (%) 2.20 2 1.4 1.4 1.3

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Retail Sales MoM (%) 2.00 0.4 0.2 0.5 0.4
Consumer Confidence (points) -15.30 -12 -15 -16 -18
Retail Sales YoY (%) 4.60 2.2 1.7 1.4 1.5
Consumer Spending (EUR Million) 39034.65 38735 39114 39525 39815
Consumer Credit (EUR Million) 144775.50 137995 141163 144420 147671
Disposable Personal Income (EUR Million) 78789.80 72641 77096 80523 80366
Gasoline Prices (USD/Liter) 1.99 2.02 2.11 2.17 2.23
Bank Lending Rate (%) 3.80 3.8 3.8 3.8 3.8
Personal Spending (%) 3.30 3.1 1.9 1.6 1.5

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 93.60 89
Government Budget (% of GDP) 0.50 -0.3
Government Spending to GDP (% of GDP) 42.60 45