Markets Actual Q4 Q1 Q2 Q3 2023
Currency 0.98 0.97 0.95 0.94 0.93 0.9
Stock Market (points) 344.95 339 332 325 319 306
Government Bond 10Y (%) 3.43 3.71 4.08 4.49 4.94 5.97

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 0.4 0.7 0.7 0.6 0.6
GDP Annual Growth Rate (%) 1.80 3 3.5 4.5 3.5 2.5
Unemployment Rate (%) 6.10 6.5 6.4 6.4 6.4 5.7
Inflation Rate (%) 14.07 12.8 10.4 7.9 5.7 5.7
Inflation Rate MoM (%) 0.80 1.1 0.8 0.5 0.3 0.3
Interest Rate (%) 1.25 2.5 3 3.5 3.5 3.5
Balance of Trade (EUR Million) -27.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -365.50 -650 -700 -700 -700 -400
Current Account to GDP (% of GDP) -2.00 -2.1 -2.5 -2.5 -2.5 -2.5
Government Debt to GDP (% of GDP) 63.10 63 60 60 60 60
Government Budget (% of GDP) -6.20 -3.7 -2.8 -2.8 -2.8 -2.8
Business Confidence (points) -7.70 -9 -6 -4 -1 0.5
Consumer Confidence (points) -34.10 -28 -20 -18 -12 -12
Retail Sales MoM (%) -0.60 0.3 0.3 0.3 0.3 0.3
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 0.4 0.7 0.7 0.6 0.6
GDP Annual Growth Rate (%) 1.80 3 3.5 4.5 3.5 2.5
GDP (USD Billion) 114.87 107 107 107 107 107
GDP Constant Prices (EUR Million) 22.40 23.5 23.59 21.36 23.4 24.18
Gross Fixed Capital Formation (EUR Billion) 4.14 4.61 5.46 3.67 4.33 5.6
GDP per Capita (USD) 17923.11 21100 21100 21100 21100 21100
GDP per Capita PPP (USD) 31498.13 33300 33300 33300 33300 33300
Full Year GDP Growth (%) 3.00 4.8 5 5 5 5
GDP from Agriculture (EUR Billion) 0.41 0.59 0.32 0.29 0.43 0.32
GDP from Construction (EUR Million) 1168.00 1284 1683 531 1221 1725
GDP from Manufacturing (EUR Million) 4304.00 4152 4404 4920 4498 4514
GDP from Public Administration (EUR Billion) 2.97 3.26 3.28 2.98 3.11 3.36
GDP from Services (EUR Million) 4289.00 4512 3603 3976 4482 3693

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 6.10 6.5 6.4 6.4 6.4 5.7
Labour Costs (points) 139.48 127 147 148 144 152
Wages (EUR/Month) 1327.00 1289 1432 1382 1417 1475
Wages in Manufacturing (EUR/Month) 1305.00 1271 1412 1355 1382 1454
Minimum Wages (EUR/Month) 646.00 670 670 670 670 740
Population (Million) 5.46 5.49 5.49 5.49 5.49 5.49
Retirement Age Women 64.00 62.83 62.83 62.83 62.83 62.83
Retirement Age Men 64.00 62.83 62.83 62.83 62.83 62.83
Wage Growth (%) -4.50 3 3 3 3 3

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 14.07 12.8 10.4 7.9 5.7 5.7
Inflation Rate MoM (%) 0.80 1.1 0.8 0.5 0.3 0.3
Consumer Price Index CPI (points) 209.20 211 211 218 222 223
Harmonised Consumer Prices (points) 126.95 129 129 133 135 136
Core Consumer Prices (points) 151.50 152 155 159 160 160
Core Inflation Rate (%) 13.80 12.2 9.5 7.1 5.5 5.1
Producer Prices (points) 154.00 145 156 159 166 151
Producer Prices Change (%) 42.90 18 12 8 8 4
Food Inflation (%) 21.00 15.4 13 8 5 1.4
CPI Housing Utilities (points) 303.90 300 301 318 322 318
CPI Transportation (points) 163.70 166 167 168 168 169

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 1.25 2.5 3 3.5 3.5 3.5

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (EUR Million) -27.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -365.50 -650 -700 -700 -700 -400
Current Account to GDP (% of GDP) -2.00 -2.1 -2.5 -2.5 -2.5 -2.5
Imports (EUR Million) 7995.00 6250 6250 6250 6250 6250
Exports (EUR Million) 7969.00 6100 6100 6100 6100 6100

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 63.10 63 60 60 60 60
Government Budget (% of GDP) -6.20 -3.7 -2.8 -2.8 -2.8 -2.8
Government Budget Value (EUR Million) -1516.90 -913 -913 -913 -913 -913
Government Spending (EUR Billion) 3.76 3.92 5.11 3.68 3.93 5.24
Government Spending to GDP (% of GDP) 46.80 43.2 43.2 43.2 43.2 43.2

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 48.60 48.6 48.6 48.6 48.6 48.6
Social Security Rate For Companies (%) 35.20 35.2 35.2 35.2 35.2 35.2
Social Security Rate For Employees (%) 13.40 13.4 13.4 13.4 13.4 13.4

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) -7.70 -9 -6 -4 -1 0.5
Industrial Production (%) -6.40 2.2 2.2 2.2 2.2 2.2

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) -34.10 -28 -20 -18 -12 -12
Retail Sales MoM (%) -0.60 0.3 0.3 0.3 0.3 0.3
Retail Sales YoY (%) -0.30 2.7 2.7 2.7 2.7 2.7
Consumer Spending (EUR Billion) 12.86 13.07 13.17 12.73 13.44 13.5
Disposable Personal Income (EUR Million) 16499.00 15207 17020 16000 17241 17445
Gasoline Prices (USD/Liter) 1.75 1.82 1.89 1.96 2.04 2.19
Consumer Credit (EUR Million) 5855.00 5852 5969 6056 6060 5999
Bank Lending Rate (%) 2.86 2.86 4.11 4.61 5.11 5.11

Housing Actual Q4 Q1 Q2 Q3 2023
Construction Output (%) 1.80 1.9 1.9 1.9 1.9 1.9