Germany GDP Growth Rate QoQ Flash

Info

History

Chart

Impact:

High

Source: Federal Statistical Office

Latest Release:

Date:

Actual:

0.2%

Forecast: 0.2%

Previous/Revision:

-0.2%

Period: Q1

Next Release:

Date:

Forecast: 0.1%

Period: Q2

What Does It Measure?

The Germany GDP Growth Rate QoQ Flash measures the percentage change in the gross domestic product (GDP) of Germany from one quarter to the next, explicitly assessing the economic performance and overall health of the national economy. This indicator focuses on production levels, consumer spending, business investments, and net exports, with key indicators including actual GDP growth figures, trends, and comparisons to past performance.

Frequency

This economic report is released quarterly, typically as a preliminary estimate, with data published around the end of the first month following the quarter's conclusion.

Why Do Traders Care?

Traders pay close attention to GDP growth figures as they reflect the economic momentum of Germany, Europe's largest economy, impacting financial markets significantly. Stronger-than-expected growth can lead to a bullish sentiment for the Euro and equities, while weaker readings may have bearish implications for currencies and stocks, influencing overall market forecasts.

What Is It Derived From?

The GDP growth rate is derived from a comprehensive survey that includes various sectors of the economy, such as manufacturing, services, and agriculture, along with national accounts data provided by government statistical agencies. It employs methodologies like the expenditure approach, and data is usually gathered from businesses, consumer surveys, and trade reports, ensuring a robust representation of economic activity.

Description

The report sporadically features both preliminary and final figures, where preliminary data may be based on incomplete information and thus subject to revision, while final figures are intended to present a more accurate picture. The financial markets tend to react promptly to preliminary data due to its immediacy, although final data might influence longer-term sentiment adjustments as it provides refined insights.

Additional Notes

This indicator serves as a coincident economic measure, closely aligning with current economic activities, and is often compared to other indicators such as the unemployment rate and industrial production for a holistic view of the economic landscape. The GDP growth rate also reflects broader trends that may influence the Eurozone and global economies, presenting a crucial signal for economic health.

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	0.2%	0.2%	-0.2%
Jan 30, 2025	-0.2%	-0.1%	0.1%	-0.1%
Oct 30, 2024	0.2%	-0.1%	-0.3%	0.3%
Jul 30, 2024	-0.1%	0.1%	0.2%	-0.2%
Apr 30, 2024	0.2%	0.1%	-0.5%	0.1%
Jan 30, 2024	-0.3%	-0.3%	0%
Oct 30, 2023	-0.1%	-0.3%	0.1%	0.2%
Jul 28, 2023	0%	0.1%	-0.1%	-0.1%
Apr 28, 2023	0%	0.2%	-0.5%	-0.2%
Jan 30, 2023	-0.2%	0%	0.5%	-0.2%
Oct 28, 2022	0.3%	-0.2%	0.1%	0.5%
Jul 29, 2022	0%	0.1%	0.8%	-0.1%
Apr 29, 2022	0.2%	0.1%	-0.3%	0.1%
Jan 28, 2022	-0.7%	-0.3%	1.7%	-0.4%
Oct 29, 2021	1.8%	2.2%	1.9%	-0.4%
Jul 30, 2021	1.5%	2%	-2.1%	-0.5%
Apr 30, 2021	-1.7%	-1.5%	0.5%	-0.2%
Jan 29, 2021	0.1%	0%	8.5%	0.1%
Oct 30, 2020	8.2%	7.3%	-9.8%	0.9%
Jul 30, 2020	-10.1%	-9%	-2%	-1.1%
May 15, 2020	-2.2%	-2.2%	-0.1%
Feb 14, 2020	0%	0.1%	0.2%	-0.1%
Nov 14, 2019	0.1%	-0.1%	-0.2%	0.2%
Aug 14, 2019	-0.1%	-0.1%	0.4%
May 15, 2019	0.4%	0.4%	0%
Feb 14, 2019	0%	0.1%	-0.2%	-0.1%
Nov 14, 2018	-0.2%	-0.1%	0.5%	-0.1%
Aug 14, 2018	0.5%	0.5%	0.4%
May 15, 2018	0.3%	0.4%	0.6%	-0.1%
Feb 14, 2018	0.6%	0.6%	0.7%
Nov 14, 2017	0.8%	0.8%	0.6%
Aug 15, 2017	0.6%	0.7%	0.7%	-0.1%
May 12, 2017	0.6%	0.7%	0.4%	-0.1%
Feb 14, 2017	0.4%	0.5%	0.1%	-0.1%
Nov 15, 2016	0.2%	0.3%	0.4%	-0.1%
Aug 12, 2016	0.4%	0.2%	0.7%	0.2%
May 13, 2016	0.7%	0.6%	0.3%	0.1%
Feb 12, 2016	0.3%	0.3%	0.3%
Nov 13, 2015	0.3%	0.3%	0.4%
Aug 14, 2015	0.4%	0.5%	0.3%	-0.1%
May 13, 2015	0.3%	0.5%	0.7%	-0.2%