Euro Area EUR

Euro Area GDP Growth Rate YoY Flash

Info

History

Chart

Impact:

High

Source: EUROSTAT

Latest Release:

Date:

Big Surprise:

0.2%

EUR

Actual:

1.2%

Forecast: 1%

Previous/Revision:

1.2%

Period: Q1

Next Release:

Date:

Period: Q2

What Does It Measure?

The Euro Area GDP Growth Rate YoY Flash measures the annual growth of the gross domestic product (GDP) in the eurozone, providing insights into the economic performance and health of the region. This indicator primarily focuses on total economic output, assessing key areas such as consumer spending, government expenditure, business investment, and net exports.

Frequency

This indicator is released on a quarterly basis and is often published as a preliminary estimate around a month after the quarter's end.

Why Do Traders Care?

Traders closely monitor the GDP Growth Rate because it directly impacts investor sentiment and economic forecasts, influencing decisions in financial markets. Stronger-than-expected growth can bolster the euro, lift equities, and signal potential central bank tightening, while disappointing figures may lead to bearish sentiment across currencies and stocks, impacting risk assets significantly.

What Is It Derived From?

The GDP Growth Rate is derived from national accounts data furnished by Eurostat, including contributions from individual member states’ economic outputs. This calculation involves surveying a wide array of economic activities, encompassing production, consumption, and contributions from various sectors within the eurozone economy, utilizing standard national accounting methods.

Description

The Euro Area GDP Growth Rate YoY Flash report provides a preliminary view of economic performance for the eurozone compared to the same quarter the previous year. This year-over-year (YoY) measure effectively captures longer-term growth trends while mitigating seasonal fluctuations, making it vital for assessing the economic trajectory of the region.

Additional Notes

This indicator is classified as a coincident economic measure, reflecting current economic activity and trends. It is often compared with other reports such as the Purchasing Managers' Index (PMI) for additional context regarding economic momentum and may indicate broader economic health within the region or in relation to other global economies.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish 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	Actual	Forecast	Previous	Surprise
Apr 30, 2025	1.2%	1%	1.2%	0.2%
Jan 30, 2025	0.9%	1%	0.9%	-0.1%
Oct 30, 2024	0.9%	0.8%	0.6%	0.1%
Jul 30, 2024	0.6%	0.5%	0.5%	0.1%
Apr 30, 2024	0.4%	0.2%	0.1%	0.2%
Jan 30, 2024	0.1%	0%	0%	0.1%
Oct 31, 2023	0.1%	0.2%	0.5%	-0.1%
Jul 31, 2023	0.6%	0.5%	1.1%	0.1%
Apr 28, 2023	1.3%	1.4%	1.8%	-0.1%
Jan 31, 2023	1.9%	1.8%	2.3%	0.1%
Oct 31, 2022	2.1%	2.1%	4.3%
Jul 29, 2022	4%	3.4%	5.4%	0.6%
Apr 29, 2022	5%	5%	4.7%
Jan 31, 2022	4.6%	4.7%	3.9%	-0.1%
Oct 29, 2021	3.7%	3.5%	14.2%	0.2%
Jul 30, 2021	13.7%	13.2%	-1.3%	0.5%
Apr 30, 2021	-1.8%	-2%	-4.9%	0.2%
Feb 02, 2021	-5.1%	-5.4%	-4.3%	0.3%
Oct 30, 2020	-4.3%	-7%	-14.8%	2.7%
Jul 31, 2020	-15%	-14.5%	-3.1%	-0.5%
Apr 30, 2020	-3.3%	-3.1%	1%	-0.2%
Jan 31, 2020	1%	1.1%	1.2%	-0.1%
Oct 31, 2019	1.1%	1.1%	1.2%
Jul 31, 2019	1.1%	1%	1.2%	0.1%
Apr 30, 2019	1.2%	1.1%	1.2%	0.1%
Jan 31, 2019	1.2%	1.2%	1.6%
Oct 30, 2018	1.7%	1.8%	2.2%	-0.1%
Jul 31, 2018	2.1%	2.2%	2.5%	-0.1%
May 02, 2018	2.5%	2.5%	2.8%
Jan 30, 2018	2.7%	2.7%	2.8%
Oct 31, 2017	2.5%	2.5%	2.3%
Aug 01, 2017	2.1%	2.1%	1.9%
May 03, 2017	1.7%	1.7%	1.8%
Jan 31, 2017	1.8%	1.7%	1.8%	0.1%
Oct 31, 2016	1.6%	1.6%	1.6%
Jul 29, 2016	1.6%	1.5%	1.7%	0.1%
Apr 29, 2016	1.6%	1.4%	1.6%	0.2%
Feb 12, 2016	1.5%	1.5%	1.6%
Nov 13, 2015	1.6%	1.7%	1.5%	-0.1%
Aug 14, 2015	1.2%	1.3%	1%	-0.1%
May 13, 2015	1%	1.1%	0.9%	-0.1%