Gross Domestic Product - Estimated (QoQ)

The Gross Domestic Product released by the National Institute of Statistics is a measure of the total value of all goods and services produced by Spain. The GDP is considered a broad measure of economic activity and health. A rising trend has a positive effect on the Euro, while a falling trend is seen as negative (or bearish ).

Most recent - Wednesday 30 October 2024 08:00

Previous
0.8%
Revised
-
Forecast
0.6%
Actual
0.8%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product - Estimated (QoQ) was 0.8% against a forecast of 0.6%.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 08:00
0.6%
0.8%
Tuesday 30 July 2024 07:00
0.5%
0.8%
Tuesday 30 April 2024 07:00
0.4%
0.7%
Tuesday 30 January 2024 08:00
0.2%
0.6%
Friday 27 October 2023 07:00
0.3%
0.3%
Friday 28 July 2023 07:00
0.4%
0.4%
Friday 28 April 2023 07:00
0.3%
0.5%
Friday 27 January 2023 08:00
0.1%
0.2%
Friday 28 October 2022 07:00
0.3%
0.2%
Friday 29 July 2022 07:00
0.4%
1.1%
Friday 29 April 2022 07:00
0.5%
0.3%
Friday 28 January 2022 08:00
1.4%
2%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product - Estimated (QoQ) result:

PreviousLatest
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%

About Gross Domestic Product - Estimated (QoQ)

Country:Spain
Currency:EUR
Source:INE
Category:Economic Activity
Frequency:Quarterly

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