Quarterly national accounts - Q2 2026

In the first quarter of 2026,the seasonally and calendar adjusted chained volume measure of Gross Domestic Product (GDP) increased by 0.2% compared with the previous quarter and by 1.0% compared with the second quarter of 2025. Today’s estimates therefore confirm the preliminary figures released on 30 July.

The second quarter of 2026 had the same number of working days as the previous quarter and one more working day than the second quarter of 2025.

The carry-over growth for 2026, net of calendar effects, is confirmed at 0.8%. Please note that 2026 has three more working days than the previous year.

Compared with the previous quarter, all the main components of domestic demand recorded positive changes: final final consumption expenditure and gross fixed capital formation increasing by 0.3%, imports and exports rose by 1.7% and 0.8%, respectively.

Domestic demand net of changes in inventories contributed 0.3 percentage points to GDP growth. Changes in inventories also made a positive contribution to GDP growth (+0.2 percentage points), whereas net external demand made a negative contribution of 0.3 percentage points.

On the supply side, quarter-on-quarter declines were recorded in the gross value added of agriculture (-0.2%) and industry (-0.5%), more than offset by the positive performance of services, which grew by 0.4% overall.