Markets Actual Q4 Q1 Q2 Q3 2023
Currency 1.05 1.04 1.02 1 0.99 0.96
Stock Market (points) 7200.68 6982 6683 6397 6123 5610
Government Bond 10Y (%) 2.24 2.54 2.8 3.08 3.39 4.1

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 2.30 0.5 0.7 0.7 0.5 0.6
GDP Annual Growth Rate (%) 10.90 3.6 3.3 3.3 3.3 2
Unemployment Rate (%) 4.40 5.1 5.3 5.3 5.3 5.3
Inflation Rate (%) 9.20 7.7 6.5 5 4.7 3
Inflation Rate MoM (%) 1.60 0.5 0.5 0.5 0.5 0.3
Interest Rate (%) 2.00 2.5 3 3.5 3.5 3.5
Balance of Trade (EUR Thousand) 6579383.00 4700000 4800000 4750000 4700000 4600000
Current Account (EUR Million) -4480.00 14600 14600 13500 13500 9800
Current Account to GDP (% of GDP) 13.90 4.2 4.2 4 4 4
Government Debt to GDP (% of GDP) 56.00 50.8 46 46 46 46
Government Budget (% of GDP) -0.10 -3.2 -3.2 -2 -2 -2
Business Confidence (points) 17.00 21 21 20.7 20.7 19
Manufacturing PMI (points) 48.70 53.8 53.8 53.7 53.7 53.6
Services PMI (points) 50.80 54 54 53.6 53.6 53.4
Consumer Confidence (points) 45.30 45 98 97 97 101
Retail Sales MoM (%) 0.70 0.6 0.3 0.4 0.1 0.3
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 40.00 40 40 40 40 40

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 2.30 0.5 0.7 0.7 0.5 0.6
GDP Annual Growth Rate (%) 10.90 3.6 3.3 3.3 3.3 2
GDP (USD Billion) 498.56 460 460 460 460 480
GDP Constant Prices (EUR Million) 120073.00 110876 117469 119590 124035 113093
Gross National Product (EUR Million) 83536.00 88900 86000 88200 86300 90700
Gross Fixed Capital Formation (EUR Million) 48961.00 35292 21177 25820 50577 35998
GDP per Capita (USD) 88588.48 83800 83800 83800 83800 84700
GDP per Capita PPP (USD) 102154.43 91700 91700 91700 91700 92900
Full Year GDP Growth (%) 13.60 10 3.7 3.7 3.7 3.7
GDP from Agriculture (EUR Million) 1035.00 780 831 905 1069 796
GDP from Construction (EUR Million) 2363.00 2110 1987 2385 2441 2153
GDP from Manufacturing (EUR Million) 50191.00 44518 50425 46718 51847 45408
GDP from Public Administration (EUR Million) 9617.00 9665 9478 9899 9934 9858
GDP from Transport (EUR Million) 8920.00 8825 9851 8836 9214 9001

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 4.40 5.1 5.3 5.3 5.3 5.3
Labor Force Participation Rate (%) 64.70 61.5 61.5 61.5 61.5 62
Youth Unemployment Rate (%) 12.00 12.7 12.9 12.9 12.9 12.9
Labour Costs (points) 83.40 98.48 96.01 94.67 85.82 101
Minimum Wages (EUR/Hour) 10.50 10.7 10.7 10.7 10.7 11.5
Wages in Manufacturing (EUR/Week) 946.30 1007 1047 1005 974 1036
Population (Million) 5.01 5.08 5.08 5.08 5.08 5.15
Retirement Age Women (Years) 66.00 66 66 66 66 66
Retirement Age Men (Years) 66.00 66 66 66 66 66
Initial Jobless Claims (Persons) 40678.00 37000 37000 37000 37000 36000
Employment Rate (%) 73.20 67 67 67 67 67
Wage Growth (%) 3.20 2.9 2.9 2.9 2.9 2.9
Wages (EUR/Week) 864.32 890 906 897 889 915

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 9.20 7.7 6.5 5 4.7 3
Inflation Rate MoM (%) 1.60 0.5 0.5 0.5 0.5 0.3
Consumer Price Index CPI (points) 115.60 115 117 119 119 119
Harmonised Consumer Prices (points) 115.30 106 106 106 106 106
Core Consumer Prices (points) 110.30 109 109 111 113 111
Core Inflation Rate (%) 5.40 3.1 2.4 2.4 2.4 1.9
GDP Deflator (points) 106.58 109 109 110 112 112
Producer Prices (points) 90.20 86.17 88.2 88.84 89.55 86.78
Producer Price Inflation MoM (%) 2.00 -1.5 1 0.5 1 1.5
Producer Prices Change (%) 8.00 3.2 2.8 2 1.3 0.7
Food Inflation (%) 10.60 9.4 6.5 3.5 3 2.7
CPI Housing Utilities (points) 154.50 132 140 146 149 136
CPI Transportation (points) 123.30 124 125 125 126 126

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 2.00 2.5 3 3.5 3.5 3.5
Interbank Rate (%) 1.97 2.47 2.97 3.47 3.47 3.47
Loans to Private Sector (EUR Million) 33098.00 36840 32468 33378 34117 37577
Private Debt to GDP (%) 308.15 394 394 394 394 386

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (EUR Thousand) 6579383.00 4700000 4800000 4750000 4700000 4600000
Current Account (EUR Million) -4480.00 14600 14600 13500 13500 9800
Current Account to GDP (% of GDP) 13.90 4.2 4.2 4 4 4
Imports (EUR Thousand) 12980871.00 10700000 10700000 10750000 11000000 11200000
Exports (EUR Thousand) 19560255.00 15400000 15500000 15500000 15700000 15800000
Foreign Direct Investment (EUR Million) -33949.00 7200 7200 7200 7200 7200

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 56.00 50.8 46 46 46 46
Government Budget (% of GDP) -0.10 -3.2 -3.2 -2 -2 -2
Government Budget Value (EUR Million) -1409.00 -1660 -1660 -1660 -1660 -900
Government Spending (EUR Million) 10791.00 10946 10834 11308 11147 11165
Government Spending to GDP (% of GDP) 24.90 26 26 26 26 25
Government Revenues (EUR Million) 27040.00 30400 30400 30400 30400 33700
Fiscal Expenditure (EUR Million) 28449.00 32060 32060 32060 32060 34600

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 23.00 23 23 23 23 23
Social Security Rate (%) 15.05 15.05 15.05 15.05 15.05 15.05
Social Security Rate For Companies (%) 11.05 11.05 11.05 11.05 11.05 11.05
Social Security Rate For Employees (%) 4.00 4 4 4 4 4

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) 17.00 21 21 20.7 20.7 19
Manufacturing PMI (points) 48.70 53.8 53.8 53.7 53.7 53.6
Services PMI (points) 50.80 54 54 53.6 53.6 53.4
Industrial Production (%) 55.70 6.5 6.5 6.5 6.5 6.5
Industrial Production Mom (%) -10.70 0.6 0.6 0.6 0.6 0.4
Manufacturing Production (%) 31.10 6.9 6.9 6.9 6.9 6.9
Car Registrations (Units) 4527.00 1680 1680 1680 1680 2020

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) 45.30 45 98 97 97 101
Retail Sales MoM (%) 0.70 0.6 0.3 0.4 0.1 0.3
Retail Sales YoY (%) -2.60 -2.5 -1 3 3.2 1.5
Consumer Spending (EUR Million) 27807.00 28111 27777 28609 28725 28673
Disposable Personal Income (EUR Million) 321523.00 333098 332133 332133 332133 339760
Personal Savings (%) 19.90 10.6 10.6 10.6 10.6 10.6
Bank Lending Rate (%) 1.61 2.11 2.61 3.11 3.11 3.11
Households Debt to GDP (% of GDP) 28.30 41 41 41 41 36
Households Debt to Income (%) 95.01 124 124 124 124 120
Gasoline Prices (USD/Liter) 1.79 1.86 1.93 2 2.08 2.23
Consumer Credit (EUR Million) 11852.00 12000 11988 12010 12164 12240

Housing Actual Q4 Q1 Q2 Q3 2023
Housing Index (points) 167.80 149 149 149 149 154
Home Ownership Rate (%) 70.00 67.5 67.5 67.5 67.5 67
New Home Sales (Units) 818.00 1010 1010 1010 1010 990
Building Permits (Units) 2161.00 2400 2400 2400 2400 2450
Construction Output (%) -4.50 -4.6 -4.6 -4.6 -4.6 5.2
Construction PMI (points) 47.40 55 55 55 55 54
Existing Home Sales (Units) 3765.00 3890 3890 3890 3890 3900