Italy GDP Growth Rate QoQ Adv

Info

History

Chart

Impact:

High

Source: National Institute of Statistics (ISTAT)

Latest Release:

Date:

Surprise:

0.1%

EUR

Actual:

0.3%

Forecast: 0.2%

Previous/Revision:

0.2%

Period: Q1

Next Release:

Date:

Period: Q2

What Does It Measure?

The Italy GDP Growth Rate QoQ Adv measures the change in the value of all goods and services produced in Italy over a quarter compared to the previous quarter. It primarily focuses on assessing economic production, providing insight into overall economic performance, consumer spending, and investment trends. Key indicators include the growth rate itself, with values above 0 indicating economic expansion, while a negative value indicates contraction, making this a national indicator.

Frequency

This indicator is released quarterly, with the advance estimate typically published about one month after the quarter ends, serving as a preliminary figure that may be subject to revisions.

Why Do Traders Care?

Traders closely monitor the GDP growth rate as it serves as a crucial indicator of economic health, influencing the valuation of the Euro (EUR), Italian equities, and overall market sentiment. Stronger-than-expected figures generally bolster investor confidence, potentially boosting the EUR and stock markets, whereas weaker results may lead to bearish trends in currencies and equities.

What Is It Derived From?

The GDP growth rate is derived from comprehensive national accounts data collected from various sectors of the economy, including manufacturing, services, and agricultural outputs. It encompasses a range of methodologies, including the expenditure approach, which assesses total spending by households, businesses, and government, blended with statistical techniques to account for seasonal variations.

Description

The preliminary report on the GDP growth rate indicates early estimates based on available data but may see adjustments in subsequent final reports, which provide a more precise reflection of economic performance. While repeating its importance in offering a snapshot of the economy's current momentum, the GDP growth rate also emphasizes changes in consumer behavior and business investment, influencing fiscal policy and economic forecasts.

Additional Notes

The GDP growth rate is often considered a coincident economic indicator, reflecting the current state of the economy as it unfolds. Essentially, it serves to align with and validate broader economic trends such as employment rates and inflation, helping economists and analysts make informed predictions about future economic activity.

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	0.3%	0.2%	0.2%	0.1%
Jan 30, 2025	0%	0.1%	0%	-0.1%
Oct 30, 2024	0%	0.2%	0.2%	-0.2%
Jul 30, 2024	0.2%	0.2%	0.3%
Apr 30, 2024	0.3%	0.1%	0.1%	0.2%
Jan 30, 2024	0.2%	0%	0.1%	0.2%
Oct 31, 2023	0%	0.1%	-0.4%	-0.1%
Jul 31, 2023	-0.3%	0%	0.6%	-0.3%
Apr 28, 2023	0.5%	0.2%	-0.1%	0.3%
Jan 31, 2023	-0.1%	-0.2%	0.5%	0.1%
Oct 31, 2022	0.5%	0%	1.1%	0.5%
Jul 29, 2022	1%	0.3%	0.1%	0.7%
Apr 29, 2022	-0.2%	-0.2%	0.7%
Jan 31, 2022	0.6%	0.5%	2.6%	0.1%
Oct 29, 2021	2.6%	2%	2.7%	0.6%
Jul 30, 2021	2.7%	1.3%	0.2%	1.4%
Apr 30, 2021	-0.4%	-0.5%	-1.8%	0.1%
Feb 02, 2021	-2%	-2.2%	16%	0.2%
Oct 30, 2020	16.1%	11.2%	-13%	4.9%
Jul 31, 2020	-12.4%	-15%	-5.4%	2.6%
Apr 30, 2020	-4.7%	-5%	-0.3%	0.3%
Jan 31, 2020	-0.3%	0.1%	0.1%	-0.4%
Oct 31, 2019	0.1%	0%	0.1%	0.1%
Jul 31, 2019	0%	-0.1%	0.1%	0.1%
Apr 30, 2019	0.2%	0.1%	-0.1%	0.1%
Jan 31, 2019	-0.2%	-0.1%	-0.1%	-0.1%
Oct 30, 2018	0%	0.1%	0.2%	-0.1%
Jul 31, 2018	0.2%	0.2%	0.3%
May 02, 2018	0.3%	0.3%	0.3%
Feb 14, 2018	0.3%	0.3%	0.4%
Nov 14, 2017	0.5%	0.5%	0.3%
Aug 16, 2017	0.4%	0.4%	0.4%
May 16, 2017	0.2%	0.2%	0.2%
Feb 14, 2017	0.2%	0.2%	0.3%
Nov 15, 2016	0.3%	0.2%	0%	0.1%
Aug 12, 2016	0%	0.2%	0.3%	-0.2%
May 13, 2016	0.3%	0.3%	0.2%
Feb 12, 2016	0.1%	0.3%	0.2%	-0.2%
Nov 13, 2015	0.2%	0.3%	0.3%	-0.1%
Aug 14, 2015	0.2%	0.3%	0.3%	-0.1%
May 13, 2015	0.3%	0.2%	0%	0.1%