Quarterly Review 2025:2

Press Release
Full Report
Foreword
Chapter 1 - The External Environment and the Euro Area Key advanced economies The euro area Commodities
Chapter 2 - Output and Employment Potential output and Business Conditions Index Gross domestic product and industrial production Business and consumer surveys The labour market Box 1: Assessing the impact of GDP revisions - A comparative analysis of pre- and post-revision data
Chapter 3 - Prices, Costs and Competitiveness Inflation The housing market Cost indices
Chapter 4 - The Balance of Payments The current account Tourism The capital account
Chapter 5 - Government Finance Quarterly developments Headline and cyclically-adjusted developments Box 2: Fiscal developments in Malta during 2024 Box 3: The transition between the Consolidated Fund and the general government balance
Chapter 6 - Monetary and Financial Developments Monetary and financial conditions The money market The capital market