Germany EUR

Germany GDP Growth Rate QoQ Final

Impact:
High

Latest Release:

Date:
Big Surprise:
0.2%
| EUR
Actual:
0.4%
Forecast: 0.2%
Previous/Revision:
-0.2%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The Germany GDP Growth Rate QoQ Final measures the change in the country's gross domestic product, specifically comparing economic output from one quarter to the next. It provides insights into the overall health of the economy by focusing on production output, consumer spending, investment, and net exports.
Frequency
This report is released quarterly, with Final figures published approximately 45 days after the end of the quarter, upon revision of preliminary estimates.
Why Do Traders Care?
Traders closely monitor the GDP Growth Rate as it serves as a key indicator of economic performance, influencing investor sentiment and expectations regarding monetary policy. A higher-than-expected growth rate can bolster the Euro against other currencies while positively impacting equity markets, whereas lower growth may have the opposite effect.
What Is It Derived From?
The GDP Growth Rate is derived from comprehensive national accounts data, including contributions from various sectors such as households, businesses, government, and foreign trade. It involves detailed statistical analysis and data collection from various economic surveys and reports to calculate the total economic output.
Description
The GDP Growth Rate QoQ Final is a crucial economic metric that reflects the overall performance and dynamism of the German economy by comparing the economic output of two consecutive quarters. This figure aids in understanding economic momentum and can guide policy decisions by government entities and central banks.
Additional Notes
As a coincident indicator, the GDP Growth Rate provides simultaneous insights into the current state of the economy, correlating with broader economic cycles. It is often compared with other indicators such as unemployment rates and inflation to assess economic conditions comprehensively.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for Euro, Bullish for Stocks. Lower than expected: Bearish for Euro, 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 Time Actual Forecast Previous Surprise
0.4%
0.2%
-0.2%
0.2%
-0.2%
-0.2%
0.1%
0.1%
0.2%
-0.3%
-0.1%
-0.1%
-0.1%
0.2%
0.2%
0.2%
-0.5%
-0.3%
-0.3%
0%
-0.1%
-0.1%
0.1%
0%
0%
-0.1%
-0.3%
0%
-0.5%
-0.3%
-0.4%
-0.2%
0.5%
-0.2%
0.4%
0.3%
0.1%
0.1%
0.1%
0%
0.8%
0.1%
0.2%
0.2%
-0.3%
-0.3%
-0.7%
1.7%
0.4%
1.7%
1.8%
2%
-0.1%
1.6%
1.5%
-2%
0.1%
-1.8%
-1.7%
0.5%
-0.1%
0.3%
0.1%
8.5%
0.2%
8.5%
8.2%
-9.8%
0.3%
-9.7%
-10.1%
-2%
0.4%
-2.2%
-2.2%
-0.1%
0%
0%
0.2%
0.1%
0.1%
-0.2%
-0.1%
-0.1%
0.4%
0.4%
0.4%
0%
0%
0%
-0.2%
-0.2%
-0.2%
0.5%
0.5%
0.5%
0.4%
0.3%
0.3%
0.6%
0.6%
0.6%
0.7%
0.8%
0.8%
0.6%
0.6%
0.6%
0.7%
0.6%
0.6%
0.4%
0.4%
0.4%
0.1%
0.2%
0.2%
0.4%
0.4%
0.4%
0.7%
0.7%
0.7%
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
0.4%
0.4%
0.4%
0.3%
0.3%
0.3%
0.7%