Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 1.09 1.07 1.05 1.03 1.02
Stock Market (points) 26833.93 25225 24200 23214 22270
Government Bond 10Y (%) 3.92 4.43 4.64 4.87 5.1

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -0.10 -0.2 0 0.2 0.2
GDP Annual Growth Rate (%) 1.70 0.6 0.1 -0.5 0.3
Unemployment Rate (%) 7.80 7.9 8.1 8.4 8.8
Inflation Rate (%) 10.10 8.7 5 3.7 3.2
Inflation Rate MoM (%) 0.20 0.4 0.2 -0.2 0.1
Interest Rate (%) 3.00 3.5 4 4 4
Balance of Trade (EUR Million) 1445.00 4400 6600 7000 10900
Current Account (EUR Million) 446.00 500 950 1500 2200
Current Account to GDP (% of GDP) 2.50 0.5
Government Debt to GDP (% of GDP) 150.80 147
Government Budget (% of GDP) -7.20 -3.5
Business Confidence (points) 102.70 98 102 105 105
Manufacturing PMI (points) 50.40 50.5 51 51 51.5
Services PMI (points) 51.20 51.3 51 51.5 51.3
Consumer Confidence (points) 100.90 92.5 95 100 103
Retail Sales MoM (%) 0.80 0.3 0.4 0.4 0.3
Corporate Tax Rate (%) 24.00 24
Personal Income Tax Rate (%) 43.00 43

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -0.10 -0.2 0 0.2 0.2
GDP Annual Growth Rate (%) 1.70 0.6 0.1 -0.5 0.3
GDP (USD Billion) 2107.70 2380
GDP Constant Prices (EUR Million) 437629.30 433569 436371 435955 438942
Gross Fixed Capital Formation (EUR Million) 92827.10 91218 92143 92363 93106
GDP per Capita (USD) 31505.95 33000
Full Year GDP Growth (%) 3.90 0.6
GDP from Agriculture (EUR Million) 7612.90 7885 7726 7575 7636
GDP from Construction (EUR Million) 21354.90 21788 21789 21248 21419
GDP from Manufacturing (EUR Million) 75895.10 75817 76403 75516 76123
GDP from Services (EUR Million) 290573.80 286412 288388 289121 291446
GDP per Capita PPP (USD) 41929.43 42000

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 7.80 7.9 8.1 8.4 8.8
Employed Persons (Thousand ) 23214.65 23120 23050 22750 22700
Labor Force Participation Rate (%) 65.70 65.5 65.4 65.2 65.2
Long Term Unemployment Rate (%) 4.70 4.8 5 5.3 5.7
Youth Unemployment Rate (%) 22.10 22.2 22.4 22.7 23.1
Labour Costs (points) 105.20 109 115 107 107
Wages (EUR/Month) 2475.00 2515
Wages in Manufacturing (points) 106.40 108 108 108 108
Wage Growth (%) 1.50 1.9 2 1.7 1.6
Population (Million) 59.24 58.7
Retirement Age Women (Years) 67.00 67
Retirement Age Men (Years) 67.00 67

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 10.10 8.7 5 3.7 3.2
Inflation Rate MoM (%) 0.20 0.4 0.2 -0.2 0.1
Consumer Price Index CPI (points) 119.20 120 118 118 123
Harmonised Consumer Prices (points) 121.10 121 120 120 125
Core Consumer Prices (points) 111.00 110 112 113 114
Core Inflation Rate (%) 6.02 4.8 4.3 3.6 2.9
GDP Deflator (points) 108.10 117 114 112 112
Producer Prices (points) 163.60 172 168 177 177
Producer Prices Change (%) 31.70 21 16 10 8
Food Inflation (%) 12.80 12.6 10 8 4.5
CPI Housing Utilities (points) 179.20 144 141 148 185
CPI Transportation (points) 119.30 120 120 120 120

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 3.00 3.5 4 4 4
Interbank Rate (%) 2.35 3.35 3.85 3.85 3.85
Private Debt to GDP (%) 166.20 171

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Balance of Trade (EUR Million) 1445.00 4400 6600 7000 10900
Current Account (EUR Million) 446.00 500 950 1500 2200
Current Account to GDP (% of GDP) 2.50 0.5
Imports (EUR Million) 55882.50 48200 45500 45000 42500
Exports (EUR Million) 57327.45 52600 52100 52000 53400

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Debt to GDP (% of GDP) 150.80 147
Government Budget (% of GDP) -7.20 -3.5
Government Budget Value (EUR Billion) -17.77 -94 -8 -15 -40
Government Spending (EUR Million) 80253.90 81883 80476 79853 80495
Government Revenues (EUR Billion) 60.69 42 49 51 125
Fiscal Expenditure (EUR Billion) 78.46 136 57 66 165
Government Spending to GDP (% of GDP) 55.50 51

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 24.00 24
Personal Income Tax Rate (%) 43.00 43
Sales Tax Rate (%) 22.00 22
Social Security Rate (%) 40.00 40
Social Security Rate For Companies (%) 30.00 30
Social Security Rate For Employees (%) 10.00 10

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Business Confidence (points) 102.70 98 102 105 105
Manufacturing PMI (points) 50.40 50.5 51 51 51.5
Services PMI (points) 51.20 51.3 51 51.5 51.3
Industrial Production (%) -3.70 -2.3 0.5 -1.9 -3
Industrial Production Mom (%) -0.30 -0.3 -0.4 0.8 1.4
Manufacturing Production (%) -2.20 1 -1.5 0.3 0.9
Car Registrations (Units) 104915.00 115000 99500 100500 10000
Mining Production (%) -3.86 3.1 -4.8 -2.5 -1
Composite PMI (points) 51.20 49.5 50.3 50.1 50.7

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Confidence (points) 100.90 92.5 95 100 103
Retail Sales MoM (%) 0.80 0.3 0.4 0.4 0.3
Retail Sales YoY (%) 4.40 2.7 3.3 4.1 5.5
Consumer Spending (EUR Million) 262903.20 251838 256748 261589 263692
Disposable Personal Income (EUR Million) 319779.00 311822 314709 318180 320738
Gasoline Prices (USD/Liter) 2.14 2.31 2.4 2.49 2.59
Consumer Credit (EUR Million) 115032.36 112504 113589 113616 115377
Bank Lending Rate (%) 3.84 4.34 4.84 4.84 4.84
Households Debt to Income (%) 63.94 63

Housing Actual Q1/23 Q2/23 Q3/23 Q4/23
Construction Output (%) 5.30 -0.5 1.5 2 2
Home Ownership Rate (%) 73.70 65