Euro Area GDP Growth Rate QoQ Flash

Info

History

Chart

Impact:

High

Source: EUROSTAT

Latest Release:

Date:

Surprise:

0.1%

EUR

Actual:

0.2%

Forecast: 0.1%

Previous/Revision:

0.1%

Period: Q3

Next Release:

Date:

Period: Q4

What Does It Measure?

The Euro Area GDP Growth Rate QoQ Flash measures the rate of economic growth in the Eurozone, specifically reflecting changes in the Gross Domestic Product (GDP) on a quarter-over-quarter basis. It focuses on overall economic production, assessing contributions from consumption, investment, government spending, and net exports, with a key indicator that values a growth rate above 0% as expansion and below 0% as contraction.

Frequency

This event is released quarterly, typically published at the end of the first month following the quarter in question as a flash estimate, which may be subject to revisions in subsequent reports.

Why Do Traders Care?

Traders closely monitor the GDP Growth Rate because it serves as a primary indicator of the economic health of the Eurozone, influencing expectations for monetary policy, investment decisions, and overall market sentiment. Stronger than expected growth figures can boost the euro and increase equities’ attractiveness, while disappointing growth can have adverse effects on both currencies and stock markets.

What Is It Derived From?

The GDP Growth Rate is derived from a comprehensive collection of economic data provided by national statistical agencies across the Eurozone countries, encompassing various economic activities such as within service and industry sectors. It utilizes a method that aggregates data to construct a quantitative estimate of the economic output, reflecting changes against previous quarters.

Description

The GDP Growth Rate QoQ Flash provides an early insight into economic conditions, contrasting the immediate and longer-term economic performance of the Eurozone. The preliminary figures enable quick analysis and forecasting, while final data, released later, provides a more accurate assessment of economic growth trends over time.

Additional Notes

As a coincident indicator, the GDP Growth Rate is pivotal for understanding current economic conditions and is often compared with other indicators like unemployment rates or consumer spending to gauge economic momentum. This metric is crucial for macroeconomic assessments and influences central bank policies and investment strategies regionally and globally.

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	Actual	Forecast	Previous	Surprise
Oct 30, 2025	0.2%	0.1%	0.1%	0.1%
Jul 30, 2025	0.1%	0%	0.6%	0.1%
Apr 30, 2025	0.4%	0.2%	0.2%	0.2%
Jan 30, 2025	0%	0.1%	0.4%	-0.1%
Oct 30, 2024	0.4%	0.2%	0.2%	0.2%
Jul 30, 2024	0.3%	0.2%	0.3%	0.1%
Apr 30, 2024	0.3%	0.1%	0%	0.2%
Jan 30, 2024	0%	-0.1%	-0.1%	0.1%
Oct 31, 2023	-0.1%	0%	0.2%	-0.1%
Jul 31, 2023	0.3%	0.2%	0%	0.1%
Apr 28, 2023	0.1%	0.2%	0%	-0.1%
Jan 31, 2023	0.1%	-0.1%	0.3%	0.2%
Oct 31, 2022	0.2%	0.2%	0.8%
Jul 29, 2022	0.7%	0.2%	0.5%	0.5%
Apr 29, 2022	0.2%	0.3%	0.3%	-0.1%
Jan 31, 2022	0.3%	0.3%	2.3%
Oct 29, 2021	2.2%	2%	2.1%	0.2%
Jul 30, 2021	2%	1.5%	-0.3%	0.5%
Apr 30, 2021	-0.6%	-0.8%	-0.7%	0.2%
Feb 02, 2021	-0.7%	-1%	12.4%	0.3%
Oct 30, 2020	12.7%	9.4%	-11.8%	3.3%
Jul 31, 2020	-12.1%	-12%	-3.6%	-0.1%
Apr 30, 2020	-3.8%	-3.5%	0.1%	-0.3%
Jan 31, 2020	0.1%	0.2%	0.3%	-0.1%
Oct 31, 2019	0.2%	0.1%	0.2%	0.1%
Jul 31, 2019	0.2%	0.2%	0.4%
Apr 30, 2019	0.4%	0.3%	0.2%	0.1%
Jan 31, 2019	0.2%	0.2%	0.2%
Oct 30, 2018	0.2%	0.4%	0.4%	-0.2%
Jul 31, 2018	0.3%	0.4%	0.4%	-0.1%
May 02, 2018	0.4%	0.4%	0.7%
Jan 30, 2018	0.6%	0.6%	0.7%
Oct 31, 2017	0.6%	0.6%	0.7%
Aug 01, 2017	0.6%	0.6%	0.5%
May 03, 2017	0.5%	0.5%	0.5%
Jan 31, 2017	0.5%	0.4%	0.4%	0.1%
Oct 31, 2016	0.3%	0.3%	0.3%
Jul 29, 2016	0.3%	0.3%	0.6%
Apr 29, 2016	0.6%	0.4%	0.3%	0.2%
Feb 12, 2016	0.3%	0.3%	0.3%
Nov 13, 2015	0.3%	0.4%	0.4%	-0.1%
Aug 14, 2015	0.3%	0.4%	0.4%	-0.1%
May 13, 2015	0.4%	0.5%	0.3%	-0.1%