Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 8287.00 8151 7854 7652 7456
Currency 1.19 1.19 1.2 1.2 1.21
Government Bond 10Y (%) 3.39 3.42 3.34 3.29 3.24

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.20 0.1 0.3 0.2 0.2
GDP Annual Growth Rate (%) 1.10 1.2 1 1 1.1
Unemployment Rate (%) 7.90 7.8 7.9 7.8 7.7
Inflation Rate (%) 0.30 0.9 1.2 1.4 1.6
Inflation Rate MoM (%) -0.30 0.3 0.2 -1.2 0.2
Interest Rate (%) 2.15 2.15 2.15 2.15 2.15
Balance of Trade (EUR Million) -4843.20 -5140 -6600 -8380 -4400
Current Account (EUR Million) -557.00 -3400 -2400 -4800 -1200
Business Confidence (points) 105.20 102 103 101 102
Manufacturing PMI (points) 51.20 51.9 51.6 51.5 52
Services PMI (points) 48.40 51 52 51.8 52
Consumer Confidence (points) 90.00 89 91 92 92
Current Account to GDP (% of GDP) 0.10 0.6
Government Debt to GDP (% of GDP) 113.00 118
Government Budget (% of GDP) -5.80 -5

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 0.20 0.1 0.3 0.2 0.2
GDP Annual Growth Rate (%) 1.10 1.2 1 1 1.1
GDP Constant Prices (EUR Million) 662177.00 663447 664164 667598 669461
Gross Fixed Capital Formation (EUR Million) 142245.00 142570 142421 143375 143810
GDP from Agriculture (EUR Million) 8209.00 7728 7983 8165 8299
GDP from Utilities (EUR Million) 10545.00 10701 10184 10632 10661
GDP from Transport (EUR Million) 26815.00 27561 27534 27315 27110
GDP from Construction (EUR Million) 30220.00 30464 30388 30518 30552
GDP from Manufacturing (EUR Million) 59535.00 59812 59826 60265 60190
GDP from Services (EUR Million) 350646.00 351116 352019 353569 354503
GDP (USD Billion) 3162.08 3194
GDP per Capita (USD) 39441.26 39836
GDP per Capita PPP (USD) 54464.98 55010
Full Year GDP Growth (%) 0.90 1

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 7.90 7.8 7.9 7.8 7.7
Employed Persons (Thousand ) 28108.00 28164 28249 28305 28362
Unemployed Persons (Thousand) 3117.40 3160 3120 3100 3380
Long Term Unemployment Rate (%) 1.80 1.7 1.8 1.7 1.6
Youth Unemployment Rate (%) 18.10 18.2 18.3 18.2 18.1
Labour Costs (points) 113.70 116 118 120 122
Wages in Manufacturing (points) 122.70 124 125 125 125
Wage Growth (%) 1.60 1.9 1.8 1.6 1.7
Employment Change (%) 0.10 0.2 0.3 0.2 0.2
Initial Jobless Claims (Thousand) -11.90 17 15 5 18
Wages (EUR/Month) 3602.00 3663
Population (Million) 68.44 68.95

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 0.30 0.9 1.2 1.4 1.6
Inflation Rate MoM (%) -0.30 0.3 0.2 -1.2 0.2
Harmonised Consumer Prices (points) 99.57 100 102 101 102
Consumer Price Index CPI (points) 120.90 121 123 123 123
Core Inflation Rate (%) 1.10 1.5 1.7 1.4 1.2
Core Consumer Prices (points) 117.87 119 120 120 119
Producer Prices (points) 123.30 128 122 122 126
Producer Prices Change (%) -2.00 1.5 1.9 2.1 2
Food Inflation (%) 1.90 1.9 1.7 1.6 1.7
Producer Price Inflation MoM (%) 0.20 0.3 0.3 -0.2 0.3
Harmonised Inflation Rate YoY (%) 0.40 0.9 1.2 1.4 1.5
CPI Housing Utilities (points) 131.53 133 132 133 134
CPI Transportation (points) 126.59 127 127 126 126

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
Loans to Private Sector (EUR Million) 3151740.00 3161176 3173467 3156188 3186409
Private Debt to GDP (%) 204.90 202

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (EUR Million) -4843.20 -5140 -6600 -8380 -4400
Current Account (EUR Million) -557.00 -3400 -2400 -4800 -1200
Exports (EUR Million) 53061.60 53860 52100 50780 53600
Imports (EUR Million) 57904.80 59000 58700 59160 58000
Tourist Arrivals (Thousand) 2267.00 2880 4090 4000 2680
Current Account to GDP (% of GDP) 0.10 0.6

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Budget Value (EUR Billion) -124.70 -36 -88 -140 -151
Government Revenues (EUR Billion) 387.74 85 186 261 369
Fiscal Expenditure (EUR Billion) 510.23 121 274 401 520
Government Debt to GDP (% of GDP) 113.00 118
Government Budget (% of GDP) -5.80 -5
Government Spending to GDP (% of GDP) 57.30 57.2

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Business Confidence (points) 105.20 102 103 101 102
Manufacturing PMI (points) 51.20 51.9 51.6 51.5 52
Services PMI (points) 48.40 51 52 51.8 52
Composite PMI (points) 49.10 51 51.5 51.7 52
Industrial Production (%) 1.70 0.5 1 1.4 1.5
Industrial Production Mom (%) -0.70 0.2 -0.6 -0.2 0.4
Business Climate Indicator (points) 99.00 95 96 97 96

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) 90.00 89 91 92 92
Retail Sales YoY (%) -1.00 0.5 1.2 1.4 1.1
Consumer Spending (EUR Million) 346335.00 348550 348208 348579 350145
Disposable Personal Income (EUR Million) 471252.00 474745 474900 475965 476436
Personal Savings (%) 18.35 17.9 17.7 17.6 17.5
Personal Spending (%) -0.60 0.3 0.6 0.3 0.4
Bank Lending Rate (%) 3.51 3.51 3.51 3.51 3.51
Gasoline Prices (USD/Liter) 2.12 2.15 2.23 2.29 2.35
Consumer Credit (EUR Million) 1740859.00 1748832 1750522 1756928 1760008

Housing Actual Q1/26 Q2/26 Q3/26 Q4/26
Construction PMI (points) 43.50 49.6 51 52 51.5
Housing Starts (units) 46440.00 19100 20500 19500 28700