Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 8267.60 8167 7835 7650 7470
Government Bond 10Y (%) 3.71 3.67 3.57 3.51 3.45

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) -0.10 0.2 0.3 0.2 0.2
GDP Annual Growth Rate (%) 0.90 0.8 0.4 0.5 0.7
Unemployment Rate (%) 8.10 7.9 7.8 7.7 7.6
Inflation Rate (%) 2.40 2.8 2.9 2.6 2.5
Inflation Rate MoM (%) 0.10 0.2 -1.2 0.2 0.3
Interest Rate (%) 2.15 2.4 2.65 2.65 2.65
Balance of Trade (EUR Million) -5640.20 -6600 -8380 -4400 -4600
Current Account (EUR Million) -162.00 -2400 -4800 -1200 -3200
Services PMI (points) 44.30 44 43 46 48
Manufacturing PMI (points) 49.70 51.6 48 47 49
Business Confidence (points) 102.30 97 95 96 97
Consumer Confidence (points) 82.00 81 84 87 91
Current Account to GDP (% of GDP) -0.30 0.6
Government Debt to GDP (% of GDP) 115.60 118
Government Budget (% of GDP) -5.10 -5

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) -0.10 0.2 0.3 0.2 0.2
GDP Annual Growth Rate (%) 0.90 0.8 0.4 0.5 0.7
GDP Constant Prices (EUR Million) 665034.00 666554 666891 668969 669689
Gross Fixed Capital Formation (EUR Million) 143844.00 144347 144930 145406 144851
GDP from Agriculture (EUR Million) 8300.00 8290 8395 8452 8358
GDP from Utilities (EUR Million) 10088.00 9820 10149 10238 10159
GDP from Manufacturing (EUR Million) 63524.00 63560 63648 63494 63969
GDP from Construction (EUR Million) 30292.00 30781 30797 30910 30504
GDP from Transport (EUR Million) 27943.00 28532 28039 28257 28139
GDP from Services (EUR Million) 350594.00 350931 351000 352399 353048
GDP (USD Billion) 3162.08 3187
GDP per Capita (USD) 39441.26 39757
GDP per Capita PPP (USD) 54464.98 54901
Full Year GDP Growth (%) 0.90 0.8

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 8.10 7.9 7.8 7.7 7.6
Employed Persons (Thousand ) 28177.00 28262 28318 28375 28460
Unemployed Persons (Thousand) 3100.10 3120 3100 3180 3140
Long Term Unemployment Rate (%) 2.00 1.8 1.7 1.6 1.5
Youth Unemployment Rate (%) 21.40 21.2 21.1 21 20.9
Labour Costs (points) 114.50 117 118 120 123
Wages in Manufacturing (points) 122.90 125 125 125 125
Wage Growth (%) 1.60 1.8 1.6 1.7 1.8
Employment Change (%) 0.00 0.3 0.2 0.2 0.3
Initial Jobless Claims (Thousand) -9.00 15 5 18 -12
Wages (EUR/Month) 3602.00 3663
Population (Million) 69.08 69.25

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 2.40 2.8 2.9 2.6 2.5
Inflation Rate MoM (%) 0.10 0.2 -1.2 0.2 0.3
Consumer Price Index CPI (points) 102.25 103 103 103 104
Harmonised Consumer Prices (points) 102.72 103 103 103 104
Core Inflation Rate (%) 1.20 1.4 1.5 1.6 1.6
Core Consumer Prices (points) 100.96 101 102 102 102
Producer Prices (points) 123.20 126 127 130 132
Producer Prices Change (%) 2.10 5.9 6.5 5.5 4.6
Food Inflation (%) 1.20 2.3 2.5 2.6 2.6
Harmonised Inflation Rate YoY (%) 2.80 3 3.1 2.7 2.5
Producer Price Inflation MoM (%) -2.10 0.3 -0.2 0.3 0.4
CPI Transportation (points) 108.46 109 107 108 108
CPI Housing Utilities (points) 101.60 102 103 103 104

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 2.15 2.4 2.65 2.65 2.65
Interbank Rate (%) 2.23 2.48 2.73 2.73 2.73
Loans to Private Sector (EUR Million) 3161038.00 3167183 3137439 3167442 3183165
Private Debt to GDP (%) 204.10 202

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (EUR Million) -5640.20 -6600 -8380 -4400 -4600
Current Account (EUR Million) -162.00 -2400 -4800 -1200 -3200
Exports (EUR Million) 54584.80 52100 50780 53600 53800
Imports (EUR Million) 60225.00 58700 59160 58000 58400
Tourist Arrivals (Thousand) 2570.00 4090 4000 2680 3020
Current Account to GDP (% of GDP) -0.30 0.6

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Budget Value (EUR Billion) -69.60 -98 -140 -151 -34
Government Revenues (EUR Billion) 114.08 182 261 369 91
Fiscal Expenditure (EUR Billion) 167.49 280 401 520 125
Government Debt to GDP (% of GDP) 115.60 118
Government Budget (% of GDP) -5.10 -5
Government Spending to GDP (% of GDP) 57.20 57.2

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Services PMI (points) 44.30 44 43 46 48
Manufacturing PMI (points) 49.70 51.6 48 47 49
Business Confidence (points) 102.30 97 95 96 97
Composite PMI (points) 44.90 46 45 48 49
Industrial Production (%) 2.80 1.1 1.4 1.5 1.6
Industrial Production Mom (%) 0.10 -0.6 -0.2 0.4 0.3
Business Climate Indicator (points) 94.00 91 93 94 96

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) 82.00 81 84 87 91
Retail Sales YoY (%) 0.30 1.2 1.4 1.1 1.6
Consumer Spending (EUR Million) 345302.00 347160 346389 347632 347719
Disposable Personal Income (EUR Million) 474338.00 472345 470931 474082 477658
Personal Savings (%) 17.86 17.7 17.6 17.5 17.3
Personal Spending (%) -0.50 0.6 0.3 0.4 0.4
Bank Lending Rate (%) 3.48 3.73 3.98 3.98 3.98
Gasoline Prices (USD/Liter) 2.43 2.95 2.53 2.11 2.11
Consumer Credit (EUR Million) 1741005.00 1747056 1746491 1749666 1751955

Housing Actual Q2/26 Q3/26 Q4/26 Q1/27
Construction PMI (points) 39.60 37 39 38 44
Housing Starts (units) 26165.00 24500 26500 40700 22100