Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 1.14 1.14 1.15 1.15 1.16
Stock Market (points) 25466.60 25379 24080 23442 22820
Government Bond 10Y (%) 3.56 3.63 3.51 3.46 3.4

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.30 0.2 0.3 0.3 0.4
GDP Annual Growth Rate (%) 1.00 1.2 1.6 1.5 1.4
Unemployment Rate (%) 6.40 6.4 6.3 6.3 6.2
Inflation Rate (%) 2.90 3.1 3.2 3.4 3.3
Inflation Rate MoM (%) 0.20 0.4 0.4 0.3 0.2
Interest Rate (%) 2.65 2.65 2.9 3.15 3.15
Balance of Trade (EUR Billion) 21.27 15.6 13.6 12.9 10
Current Account (EUR Million) 21200.00 21500 19900 30400 25900
Business Confidence (points) 89.90 89 89 87.5 88
Manufacturing PMI (points) 53.80 53.8 51.5 50.9 51
Services PMI (points) 52.90 52.9 50.5 50.6 50.9
Consumer Confidence (points) -30.60 -29.5 -32 -30 -27
Retail Sales MoM (%) 1.30 0.7 0.3 0.5 0.3
Current Account to GDP (% of GDP) 4.50 4.5
Government Debt to GDP (% of GDP) 63.50 65.9
Government Budget (% of GDP) -2.70 -4

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.30 0.2 0.3 0.3 0.4
GDP Annual Growth Rate (%) 1.00 1.2 1.6 1.5 1.4
GDP Constant Prices (EUR Billion) 1171.82 1151 1168 1177 1188
Gross National Product (EUR Billion) 1213.48 1193 1207 1216 1230
Gross Fixed Capital Formation (EUR Billion) 176.75 179 182 180 179
GDP from Agriculture (EUR Billion) 6.57 6.65 6.67 6.64 6.66
GDP from Construction (EUR Billion) 29.86 30.7 31.43 30.29 30.28
GDP from Manufacturing (EUR Billion) 167.58 170 171 172 170
GDP from Public Administration (EUR Billion) 172.95 173 173 177 175
GDP from Services (EUR Billion) 133.82 135 135 136 136
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 Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 6.40 6.4 6.3 6.3 6.2
Employed Persons (Thousand ) 45509.00 45418 45373 45373 45418
Unemployed Persons (Thousand ) 3012.00 2999 3000 2990 2970
Unemployment Change (Thousand) 12.00 2 10 4 1
Long Term Unemployment Rate (%) 1.10 1.2 1.2 1.2 1.1
Youth Unemployment Rate (%) 7.20 7.2 7.1 7.1 7
Productivity (points) 95.50 97 97.2 97.3 97.4
Labour Costs (points) 124.46 124 125 125 126
Job Vacancies (Thousand) 656.48 645 636 630 632
Wages in Manufacturing (points) 174.28 105 105 105 108
Wage Growth (%) 1.50 1.5 1.1 1 1.2
Negotiated Wage Growth (%) 2.50 2.6 2.7 2.8 2.7
Employment Change (%) -0.10 -0.2 -0.1 0 0.1
Wages (EUR/Month) 4851.00 4904
Minimum Wages (EUR/Hour) 13.90 13.9
Population (Million) 83.50 83.44

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 2.90 3.1 3.2 3.4 3.3
Inflation Rate MoM (%) 0.20 0.4 0.4 0.3 0.2
Consumer Price Index CPI (points) 125.80 126 127 129 129
Harmonised Consumer Prices (points) 103.36 104 104 106 106
Core Consumer Prices (points) 121.70 122 121 124 125
Core Inflation Rate (%) 2.40 2.5 2.7 2.9 3
Producer Prices (points) 131.20 132 132 133 134
Producer Prices Change (%) 4.60 5 5.4 4.7 4.3
Import Prices (points) 119.70 120 120 126 124
Food Inflation (%) 0.10 0.5 1.6 2.4 2.6
Energy Inflation (%) 10.50 12 12.5 10 7
Import Prices YoY (%) 8.30 8 8.2 7.6 5
Harmonised Inflation Rate YoY (%) 2.90 3.1 3.3 3.5 3.4
Producer Price Inflation MoM (%) 1.10 0.3 0.4 0.3 0.3
Wholesale Prices MoM (%) 0.90 0.4 0.4 0.3 0.4
Wholesale Prices YoY (%) 6.80 7 7.5 6 4.3
Wholesale Prices (points) 124.90 125 127 130 129

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 2.65 2.65 2.9 3.15 3.15
Interbank Rate (%) 2.51 2.51 2.76 3.01 3.01
Money Supply M2 (EUR Billion) 4078.30 4100 4110 4150 4140
Foreign Exchange Reserves (EUR Million) 502625.00 508800 511000 515000 515900
Loans to Private Sector (EUR Billion) 2016.80 1929 2007 2015 2045
Central Bank Balance Sheet (EUR Billion) 2238.94 2380 2390 2420 2425
Private Debt to GDP (%) 140.70 142

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (EUR Billion) 21.27 15.6 13.6 12.9 10
Current Account (EUR Million) 21200.00 21500 19900 30400 25900
Imports (EUR Billion) 119.60 123 125 127 131
Exports (EUR Billion) 138.22 138 139 140 141
Auto Exports (Units) 168300.00 281771 218686 317521 290577
Tourist Arrivals (Thousand) 4857.33 3700 2900 2600 3920
Current Account to GDP (% of GDP) 4.50 4.5

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Budget Value (EUR Billion) -43.78 -16 -40 -41 -19
Government Revenues (EUR Billion) 562.37 481 534 474 510
Fiscal Expenditure (EUR Billion) 606.15 497 574 515 529
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 Q3/26 Q4/26 Q1/27 Q2/27
Business Confidence (points) 89.90 89 89 87.5 88
Manufacturing PMI (points) 53.80 53.8 51.5 50.9 51
Services PMI (points) 52.90 52.9 50.5 50.6 50.9
Composite PMI (points) 53.80 53.8 51.5 51 50.6
Industrial Production (%) -1.60 -0.8 0.5 1.4 1
Industrial Production Mom (%) -1.10 0.7 -0.2 -0.6 0.5
Manufacturing Production (%) -3.20 -1.6 0.4 1.1 1
Factory Orders (%) 2.50 -0.8 1 0.5 1.4
Bankruptcies (Companies) 2266.00 1970 2090 2050 2000
Corporate Profits (EUR Billion) 237.38 240 238 242 245
ZEW Economic Sentiment Index (points) 34.70 34 20 15 7
Car Production (Units) 229900.00 385472 261624 407831 381477
Car Registrations (Units) 212563.00 215100 225000 265900 302000
Ifo Current Conditions (points) 89.50 88.9 86 86.5 86.9
Ifo Expectations (points) 90.40 88.7 85.9 86 87
ZEW Current Conditions (points) -47.10 -47 -54 -60 -58

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) -30.60 -29.5 -32 -30 -27
Retail Sales MoM (%) 1.30 0.7 0.3 0.5 0.3
Retail Sales YoY (%) -0.40 -0.3 1.5 1.1 1.2
Consumer Spending (EUR Billion) 498.40 502 509 505 505
Disposable Personal Income (EUR Billion) 681.98 677 686 687 692
Personal Savings (%) 10.10 10.3 10.5 10.6 10.5
Consumer Credit (EUR Million) 238206.00 240864 241143 240411 241541
Bank Lending Rate (%) 4.26 4.26 4.51 4.76 4.76
Gasoline Prices (USD/Liter) 2.64 2.61 2.82 2.95 3.08

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Construction Output (%) 1.00 0.2 -2 -1.7 -0.7
Housing Index (points) 222.54 224 224 224 226
House Price Index YoY (%) 1.70 1.7 1.6 1.7 1.8
Construction PMI (points) 48.70 48 46 45 47
Construction Orders (%) -1.90 -14 -2 6.5 4
Building Permits (Units) 18441.00 17987 18936 18749 18466