Italy EUR

Italy GDP Growth Rate QoQ Final

Impact:
Low

Latest Release:

Date:
Actual:
0.3%
Forecast: 0.3%
Previous/Revision:
0.2%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The Italy GDP Growth Rate QoQ Final measures the change in the value of all goods and services produced in Italy over a quarter, providing insights into the economic performance and health of the country. This indicator focuses on key components such as consumption, investment, government spending, and net exports, serving as a critical benchmark for assessing economic expansion or contraction.
Frequency
It is released quarterly, with the final figure typically published approximately 45 days after the end of the quarter.
Why Do Traders Care?
Traders pay close attention to the Italy GDP Growth Rate as it influences expectations for monetary policy and economic conditions, directly affecting assets like the euro (EUR), Italian government bonds, and equities. A stronger-than-expected growth rate is generally bullish for the EUR and stocks, while a weaker outcome could trigger bearish reactions in these markets.
What Is It Derived From?
The GDP growth rate is derived from comprehensive national accounts data, which involve extensive surveys and data collection methodologies, including the compilation of production, income, and expenditure accounts. The methodology follows international standards as outlined by organizations such as the International Monetary Fund (IMF) and the World Bank, ensuring a consistent and reliable measure of economic activity.
Description
The GDP Growth Rate QoQ Final report compares the current quarter's output to the previous quarter's output, indicating medium-term economic trends. This measure is particularly significant as it eliminates seasonal adjustments, providing a clearer picture of ongoing economic activity, which traders use for timely decision-making regarding investments.
Additional Notes
The GDP Growth Rate is considered a coincident economic indicator, providing insights into the current state of the economy and confirming ongoing trends. It also serves as a crucial barometer for broader economic health, as fluctuations can indicate changes in consumer behavior and investor confidence, with implications extending beyond Italy to the Eurozone and global markets.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.3%
0.3%
0.2%
0.1%
0%
0%
0.1%
0%
0%
0.2%
0.2%
0.2%
0.3%
0.3%
0.3%
0.1%
0.2%
0.2%
0.2%
0.1%
0%
-0.4%
0.1%
-0.4%
-0.4%
0.6%
-0.4%
-0.3%
0.6%
-0.1%
0.6%
0.5%
-0.1%
0.1%
-0.1%
-0.1%
0.5%
0.5%
0.5%
1.1%
1.1%
1%
0.1%
0.1%
0.1%
-0.2%
0.7%
0.3%
0.6%
0.6%
2.5%
2.6%
2.6%
2.7%
2.7%
2.7%
0.2%
0.1%
-0.4%
-1.8%
0.5%
-1.9%
-2%
15.9%
0.1%
15.9%
16.1%
-13%
-0.2%
-12.8%
-12.4%
-5.5%
-0.4%
-5.3%
-4.7%
-0.2%
-0.6%
-0.3%
-0.3%
0.1%
0.1%
0.1%
0.1%
0%
0%
0.1%
0.1%
0.2%
-0.1%
-0.1%
-0.1%
-0.2%
-0.1%
0.1%
-0.1%
0%
0.2%
-0.1%
0.2%
0.2%
0.3%
0.3%
0.3%
0.4%
0.3%
0.3%
0.4%
0.4%
0.5%
0.3%
-0.1%
0.4%
0.4%
0.4%
0.4%
0.2%
0.3%
0.2%
0.2%
0.2%
0.3%
0.3%
0.3%
0.1%
0%
0%
0.3%
0.3%
0.3%
0.2%
0.1%
0.1%
0.2%
0.2%
0.2%
0.3%
0.3%
0.2%
0.4%
0.1%
0.3%
0.3%
0%