Gross Domestic Product - Estimated (QoQ)

The Gross Domestic Product released by the National Institute of Statistics is a measure of the total value of all goods and services produced by Spain. The GDP is considered a broad measure of economic activity and health. A rising trend has a positive effect on the Euro, while a falling trend is seen as negative (or bearish ).

Most recent - Wednesday 30 October 2024 08:00

Previous
0.8%
Revised
-
Forecast
0.6%
Actual
0.8%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product - Estimated (QoQ) was 0.8% against a forecast of 0.6%.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 08:00
0.6%
0.8%
Tuesday 30 July 2024 07:00
0.5%
0.8%
Tuesday 30 April 2024 07:00
0.4%
0.7%
Tuesday 30 January 2024 08:00
0.2%
0.6%
Friday 27 October 2023 07:00
0.3%
0.3%
Friday 28 July 2023 07:00
0.4%
0.4%
Friday 28 April 2023 07:00
0.3%
0.5%
Friday 27 January 2023 08:00
0.1%
0.2%
Friday 28 October 2022 07:00
0.3%
0.2%
Friday 29 July 2022 07:00
0.4%
1.1%
Friday 29 April 2022 07:00
0.5%
0.3%
Friday 28 January 2022 08:00
1.4%
2%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product - Estimated (QoQ) result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Harmonized Index of Consumer Prices (YoY)(no change)1.8%1.8%
ZEW Survey – Current SituationBearish change-86.9-91.4
ZEW Survey – Economic SentimentBearish change13.17.4
ZEW Survey – Economic SentimentBearish change20.112.5
Harmonized Index of Consumer Prices (MoM)(no change)0.4%0.4%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Retail Sales (MoM)Bearish change1.1%0.5%
Retail Sales (YoY)Bullish change2.4%2.9%
30-y Bond AuctionBullish change3.853%3.877%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change-3%-4.6%
Industrial Production s.a. (MoM)Bearish change2.6%-2.5%
Trade Balance s.a.Bearish change€22.5B€17B
Producer Price Index (MoM)Bearish change0.6%-0.6%
Producer Price Index (YoY)Bearish change-2.3%-3.4%
HCOB Composite PMIBullish change49.750
HCOB Composite PMIBullish change48.448.6
HCOB Services PMIBullish change51.451.6
HCOB Services PMIBearish change5754.9
Factory Orders n.s.a. (YoY)Bullish change-3.4%1%
Factory Orders s.a. (MoM)Bullish change-5.4%4.2%

About Gross Domestic Product - Estimated (QoQ)

Country:Spain
Currency:EUR
Source:INE
Category:Economic Activity
Frequency:Quarterly

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