Federal Election

German federal election will be held to choose the 598 members of the Bundestag, the main federal legislative house of Germany. The new Bundestag will have to elect a Chancellor with an absolute majority of its members, who will form a new government.

Sunday 23 February 2025 00:00

Trading range

Past events

Date
Sunday 23 February 2025 00:00

Economic context

Recent economic data has been moderately bearish for EUR. The following recent announcements may affect the market reaction to Federal Election:

PreviousLatest
Consumer ConfidenceBearish change-14.2-14.6
GfK Consumer Confidence SurveyBearish change-23.4-26.9
Producer Price Index (MoM)Bearish change0.1%0%
Producer Price Index (YoY)Bearish change-1.8%-2.3%
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Harmonized Index of Consumer Prices (MoM)(no change)-0.3%-0.3%
IFO – Business ClimateBearish change8887.6
IFO – Current Assessment(no change)85.685.6
IFO – ExpectationsBearish change90.589.7
ZEW Survey – Current SituationBearish change-78.7-81
ZEW Survey – Economic SentimentBullish change38.545.8
ZEW Survey – Economic SentimentBullish change2533.7
HCOB Composite PMIBearish change52.851.9
HCOB Manufacturing PMIBearish change49.649.2
HCOB Services PMIBearish change53.652.6
Consumer Price Index (EU Norm) (YoY)(no change)1.1%1.1%
Consumer Price Index (YoY)Bearish change1.2%1.1%
HCOB Composite PMIBearish change52.451.5
HCOB Manufacturing PMIBearish change48.247.7
HCOB Services PMIBearish change53.152.6
HCOB Composite PMIBearish change50.450.1
HCOB Manufacturing PMIBullish change47.850.6
HCOB Services PMIBearish change51.450.2
Industrial Production s.a. (MoM)Bullish change0.2%0.8%
Harmonized Index of Consumer Prices (YoY)Bullish change3.1%3.2%
Consumer Price Index (EU norm) (YoY)(no change)0.8%0.8%
Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Harmonized Index of Consumer Prices (YoY)(no change)2.6%2.6%
Trade Balance s.a.Bullish change€15.3B€16.9B
Sentix Investor ConfidenceBullish change-7.4-6.2
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-1%0.8%
Industrial Production s.a. (MoM)Bullish change1.1%1.8%

About Federal Election

Country:Germany
Currency:EUR
Source:
Category:Politics
Frequency:Irregular
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