Federal Election

German federal election will be held to choose the 598 members of the Bundestag, the main federal legislative house of Germany. The new Bundestag will have to elect a Chancellor with an absolute majority of its members, who will form a new government.

Sunday 23 February 2025 00:00

Trading range

Past events

Date
Sunday 23 February 2025 00:00

Economic context

Recent economic data has been moderately bullish for EUR. The following recent announcements may affect the market reaction to Federal Election:

PreviousLatest
Business ClimateBearish change-0.19-0.23
Consumer Confidence(no change)-15.5-15.5
Economic Sentiment IndicatorBullish change97.198.4
Unemployment ChangeBullish change6K4K
Unemployment Rate s.a.(no change)6.4%6.4%
Harmonized Index of Consumer Prices (YoY)Bullish change3.9%4.5%
Consumer Price Index (EU norm) (YoY)Bullish change2.4%2.7%
GfK Consumer Confidence SurveyBullish change-29.4-26.6
IFO – Business ClimateBullish change86.788.8
IFO – Current AssessmentBullish change86.588.5
IFO – ExpectationsBullish change86.889.1
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product (YoY)Bullish change0.9%1%
Gross Domestic Product w.d.a (YoY)Bullish change0.9%1%
Consumer ConfidenceBullish change-15.9-15.5
HCOB Composite PMIBullish change5252.1
HCOB Manufacturing PMIBullish change51.952.8
HCOB Services PMI(no change)51.751.7
HCOB Composite PMIBearish change51.351
HCOB Manufacturing PMIBullish change52.254.1
HCOB Services PMIBearish change49.848.5
HCOB Composite PMIBearish change49.448.8
HCOB Manufacturing PMIBullish change49.851.5
HCOB Services PMIBearish change49.648.4
Producer Price Index (MoM)Bullish change-0.3%1.1%
Producer Price Index (YoY)Bullish change1.8%3%
Core Harmonized Index of Consumer Prices (MoM)(no change)0%0%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.5%2.5%
Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
ZEW Survey – Current SituationBullish change-77.6-61.1
ZEW Survey – Economic SentimentBullish change26.334.2
ZEW Survey – Economic SentimentBullish change23.431.4

About Federal Election

Country:Germany
Currency:EUR
Source:
Category:Politics
Frequency:Irregular
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