Gross Domestic Product Price Index

The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. Generally speaking, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

Most recent - Wednesday 27 November 2024 13:30

Previous
1.8%
Revised
-
Forecast
1.8%
Actual
1.9%

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

Next event - Friday 20 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Gross Domestic Product Price Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product Price Index was 1.9% against a forecast of 1.8%.

Past events

Date
Forecast
Actual
Wednesday 27 November 2024 13:30
1.8%
1.9%
Wednesday 30 October 2024 12:30
-
1.8%
Thursday 26 September 2024 12:30
-
2.5%
Thursday 29 August 2024 12:30
2.3%
2.5%
Thursday 25 July 2024 12:30
2.6%
2.3%
Thursday 27 June 2024 12:30
3.1%
3.1%
Thursday 30 May 2024 12:30
3.1%
3.1%
Thursday 25 April 2024 12:30
-
3.1%
Thursday 28 March 2024 12:30
1.7%
1.7%
Wednesday 28 February 2024 13:30
1.5%
1.7%
Thursday 25 January 2024 13:30
-
1.5%
Thursday 21 December 2023 13:30
-
3.3%
Wednesday 29 November 2023 13:30
3.5%
3.5%
Thursday 26 October 2023 12:30
2.5%
3.5%
Thursday 28 September 2023 12:30
2%
1.7%
Wednesday 30 August 2023 12:30
2.2%
2%
Thursday 27 July 2023 12:30
3%
2.2%
Thursday 29 June 2023 12:30
4.2%
4.1%
Thursday 25 May 2023 12:30
4%
4.1%
Thursday 27 April 2023 12:30
3.8%
4%
Thursday 30 March 2023 12:30
3.9%
3.9%
Thursday 23 February 2023 13:30
3.5%
3.9%
Thursday 26 January 2023 13:30
3.3%
3.5%
Thursday 22 December 2022 13:30
4.3%
4.4%
Wednesday 30 November 2022 13:30
4.1%
4.3%
Thursday 27 October 2022 12:30
5.3%
4.1%
Thursday 29 September 2022 12:30
8.9%
9.1%
Thursday 25 August 2022 12:30
8.7%
9%
Thursday 28 July 2022 12:30
7.9%
8.9%
Wednesday 29 June 2022 12:30
8.1%
8.3%
Thursday 26 May 2022 12:30
8%
8.1%
Thursday 28 April 2022 12:30
7.3%
8%
Wednesday 30 March 2022 12:30
7.2%
7.1%
Thursday 24 February 2022 13:30
6.9%
7.2%
Thursday 27 January 2022 13:30
6%
7%
Wednesday 22 December 2021 13:30
5.9%
5.9%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Price Index result:

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%
Michigan Consumer Sentiment IndexBearish change7371.8
UoM 5-year Consumer Inflation ExpectationBullish change3.1%3.2%
S&P Global Composite PMIBullish change54.155.3
S&P Global Manufacturing PMIBullish change48.548.8
S&P Global Services PMIBullish change5557
Existing Home Sales Change (MoM)Bullish change-1.3%3.4%
Initial Jobless ClaimsBullish change219K213K
Philadelphia Fed Manufacturing SurveyBearish change10.3-5.5
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%

About Gross Domestic Product Price Index

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Economic Activity
Frequency:Quarterly

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