Markets Actual Q2/23 Q3/23 Q4/23 Q1/24
Currency 1.07 1.05 1.04 1.02 1
Stock Market (points) 27087.64 26134 25213 24327 23471
Government Bond 10Y (%) 3.99 4.13 4.28 4.44 4.6

Overview Actual Q2/23 Q3/23 Q4/23 Q1/24
GDP Growth Rate (%) 0.60 0.2 0.3 0.2 0.3
GDP Annual Growth Rate (%) 1.90 1.6 1.2 1 0.7
Unemployment Rate (%) 7.80 8.1 8.7 8.8 9
Inflation Rate (%) 7.60 5.5 3.9 2.6 2.3
Inflation Rate MoM (%) 0.30 0.2 0.2 0.1 0.3
Interest Rate (%) 3.75 4 4.25 4.25 4
Balance of Trade (EUR Million) 7541.00 -1000 500 8000 -1650
Current Account (EUR Million) 3713.20 950 1500 2200 1250
Business Confidence (points) 101.40 102 105 104 107
Manufacturing PMI (points) 45.90 51 51 51.5 50.5
Services PMI (points) 57.60 51 51.5 51.3 50.4
Consumer Confidence (points) 105.10 104 100 103 103
Retail Sales MoM (%) 0.00 0.4 -0.2 -0.3 0.3
Current Account to GDP (% of GDP) -1.30 0.8
Government Debt to GDP (% of GDP) 144.70 142
Government Budget (% of GDP) -8.00 -3.5

GDP Actual Q2/23 Q3/23 Q4/23 Q1/24
GDP Growth Rate (%) 0.60 0.2 0.3 0.2 0.3
GDP Annual Growth Rate (%) 1.90 1.6 1.2 1 0.7
GDP Constant Prices (EUR Million) 440644.80 443921 443883 442585 443729
Gross Fixed Capital Formation (EUR Million) 96013.00 95304 94950 96173 96685
GDP from Agriculture (EUR Million) 7593.70 7776 7744 7668 7647
GDP from Construction (EUR Million) 21870.10 21924 21319 21766 22023
GDP from Manufacturing (EUR Million) 75428.70 78174 77237 76304 75957
GDP from Services (EUR Million) 294363.70 294333 295739 294944 296424
GDP (USD Billion) 2107.70 2380
GDP per Capita (USD) 31505.95 33000
GDP per Capita PPP (USD) 41929.43 42000
Full Year GDP Growth (%) 3.70 1

Labour Actual Q2/23 Q3/23 Q4/23 Q1/24
Unemployment Rate (%) 7.80 8.1 8.7 8.8 9
Employed Persons (Thousand ) 23446.31 23150 23175 23125 23220
Labor Force Participation Rate (%) 66.20 66.3 65.8 65.5 65
Long Term Unemployment Rate (%) 4.30 4.6 5.2 5.3 5.5
Youth Unemployment Rate (%) 22.30 22.6 23.2 23.3 23.5
Labour Costs (points) 110.70 106 107 109 112
Wages in Manufacturing (points) 107.20 108 108 108 108
Wage Growth (%) 2.50 2 1.7 1.6 1.4
Wages (EUR/Month) 2475.00 2515
Population (Million) 58.98 58.7

Prices Actual Q2/23 Q3/23 Q4/23 Q1/24
Inflation Rate (%) 7.60 5.5 3.9 2.6 2.3
Inflation Rate MoM (%) 0.30 0.2 0.2 0.1 0.3
Consumer Price Index CPI (points) 119.70 119 119 122 122
Harmonised Consumer Prices (points) 121.80 120 120 124 123
Core Consumer Prices (points) 113.20 114 114 115 116
Core Inflation Rate (%) 6.09 5.6 4.6 3.9 3.3
GDP Deflator (points) 113.93 115 113 115 117
Producer Prices (points) 140.40 149 159 166 150
Producer Prices Change (%) -1.50 3 -1 1.2 2
Food Inflation (%) 11.90 10.9 8 6 3
Harmonised Inflation Rate MoM (%) 0.30 0.3 1.4 0.2 1.5
Harmonised Inflation Rate YoY (%) 8.10 7 4 2.3 2.1
CPI Housing Utilities (points) 152.70 141 148 184 156
CPI Transportation (points) 121.70 122 122 122 123

Money Actual Q2/23 Q3/23 Q4/23 Q1/24
Interest Rate (%) 3.75 4 4.25 4.25 4
Interbank Rate (%) 3.37 3.62 3.87 3.87 3.62
Private Debt to GDP (%) 166.10 165

Trade Actual Q2/23 Q3/23 Q4/23 Q1/24
Balance of Trade (EUR Million) 7541.00 -1000 500 8000 -1650
Current Account (EUR Million) 3713.20 950 1500 2200 1250
Imports (EUR Million) 51840.00 54500 53500 52000 55050
Exports (EUR Million) 59382.00 53500 54000 60000 53400
Current Account to GDP (% of GDP) -1.30 0.8

Government Actual Q2/23 Q3/23 Q4/23 Q1/24
Government Budget Value (EUR Billion) -60.83 -8 -15 -40 -25
Government Spending (EUR Million) 81294.50 81385 80888 81154 81864
Government Revenues (EUR Billion) 37.46 49 51 125 125
Fiscal Expenditure (EUR Billion) 98.30 57 66 165 150
Government Debt to GDP (% of GDP) 144.70 142
Government Budget (% of GDP) -8.00 -3.5
Government Spending to GDP (% of GDP) 56.70 55.1

Business Actual Q2/23 Q3/23 Q4/23 Q1/24
Business Confidence (points) 101.40 102 105 104 107
Manufacturing PMI (points) 45.90 51 51 51.5 50.5
Services PMI (points) 57.60 51 51.5 51.3 50.4
Industrial Production (%) -3.20 0.5 -1.9 -3 1.4
Industrial Production Mom (%) -0.60 -0.4 0.8 1.4 1.5
Manufacturing Production (%) -2.17 -1.5 0.3 0.9 1.2
Car Registrations (Units) 149411.00 112500 110500 123000 125000
Mining Production (%) -11.01 -4.8 -2.5 -1 -0.3
Composite PMI (points) 55.30 50.3 50.1 50.7 52

Consumer Actual Q2/23 Q3/23 Q4/23 Q1/24
Consumer Confidence (points) 105.10 104 100 103 103
Retail Sales MoM (%) 0.00 0.4 -0.2 -0.3 0.3
Retail Sales YoY (%) 5.80 3.3 0.1 1.5 0.3
Consumer Spending (EUR Million) 258880.70 260510 265276 260157 260693
Disposable Personal Income (EUR Million) 325882.00 321219 326424 329141 328163
Gasoline Prices (USD/Liter) 2.05 2.12 2.18 2.25 2.32
Consumer Credit (EUR Million) 117276.62 115291 115558 116007 118098
Bank Lending Rate (%) 4.60 4.85 5.1 5.1 4.85
Households Debt to Income (%) 64.20 65

Housing Actual Q2/23 Q3/23 Q4/23 Q1/24
Construction Output (%) -3.40 1.5 0.5 0.25 1.75
Construction PMI (points) 49.00 50.2 50.7 51 50.5
Home Ownership Rate (%) 74.30 72