Monitor SP Flash GDP q/q to gauge early economic health and market shifts. Essential for Forex and equity strategies.
This is the most comprehensive indicator of economic activity and serves as the key benchmark for assessing the health of the economy. There are two GDP reports issued roughly 20 days apart - the Flash and the Final. The Flash report is the earliest and generally has the most significant impact, while the Final report holds less significance.
What it Measures
It reflects the change in the inflation-adjusted value of all goods and services produced within the economy.
Usual Effect
A 'Actual' reading that exceeds the 'Forecast' is favorable for the currency.
Source & Frequency
National Statistics Institute (latest release) - https://www.ine.es/en/index.htm • Data is released on a quarterly basis, approximately 30 days after the end of each quarter.
How Data is Derived
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Also Known As
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Acronym
Gross Domestic Product (GDP)