Monitor EZ Flash GDP q/q to gauge economic health. Key for Forex and equity valuation.
This indicator represents the broadest measure of economic activity and serves as the key indicator of the economy's overall health. The 'Previous' figure corresponds to the 'Actual' from the Preliminary Flash report, which is why the 'History' data may appear uncorrelated. Three versions of GDP are released approximately 20 days apart: Preliminary Flash, Flash, and Revised. The Preliminary Flash release is the first to be published and typically has the most significant impact.
What it Measures
It reflects the change in the inflation-adjusted value of all goods and services produced in the economy.
Usual Effect
When 'Actual' exceeds 'Forecast', it is generally viewed positively for the currency.
Source & Frequency
Eurostat (latest release) - https://ec.europa.eu/eurostat/web/main/home • This data is released quarterly, roughly 45 days after the end of each quarter.
How Data is Derived
N/A
Also Known As
GDP Second Estimate
Acronym
Gross Domestic Product (GDP)