Gross Domestic Product (YoY)

The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

Most recent - Wednesday 30 October 2024 09:00

Previous
0%
Revised
-
Forecast
-0.3%
Actual
-0.2%

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

Next event - Friday 22 November 2024 07:00

Previous
-0.2%
Forecast
-0.2%
Actual
-

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Gross Domestic Product (YoY) is -0.2%. A higher value than forecast tends 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 (YoY) was -0.2% against a forecast of -0.3%.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 09:00
-0.3%
-0.2%
Tuesday 27 August 2024 06:00
-0.1%
0%
Tuesday 30 July 2024 08:00
0%
-0.1%
Friday 24 May 2024 06:00
-0.2%
-0.2%
Tuesday 30 April 2024 08:00
-0.2%
-0.2%
Friday 23 February 2024 07:00
-0.2%
-0.2%
Tuesday 30 January 2024 09:00
-0.2%
-0.2%
Friday 24 November 2023 07:00
-0.3%
-0.4%
Monday 30 October 2023 09:00
-0.7%
-0.3%
Friday 25 August 2023 06:00
-0.2%
-0.2%
Friday 28 July 2023 08:00
-0.3%
-0.2%
Thursday 25 May 2023 06:00
-0.1%
-0.5%
Friday 28 April 2023 08:00
0.3%
-0.1%
Friday 24 February 2023 07:00
1.1%
0.9%
Monday 30 January 2023 09:00
1.3%
1.1%
Friday 25 November 2022 07:00
1.2%
1.3%
Friday 28 October 2022 08:00
0.8%
1.2%
Thursday 25 August 2022 06:00
1.4%
1.7%
Friday 29 July 2022 08:00
1.7%
1.4%
Wednesday 25 May 2022 06:00
3.7%
3.8%
Friday 29 April 2022 08:00
3.6%
3.7%
Friday 25 February 2022 07:00
1.4%
1.8%
Friday 28 January 2022 09:00
1.8%
1.4%
Thursday 25 November 2021 07:00
2.5%
2.5%

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 (YoY) 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 (YoY)

Country:Germany
Currency:EUR
Source:Federal Statistics Office of Germany
Category:Economic Activity
Frequency:Quarterly

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