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 - Thursday 19 December 2024 13:30

Previous
1.9%
Revised
-
Forecast
1.9%
Actual
1.9%

Next event - Friday 24 January 2025 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 1.9%.

Past events

Date
Forecast
Actual
Thursday 19 December 2024 13:30
1.9%
1.9%
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%

Economic context

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

PreviousLatest
Michigan Consumer Sentiment Index(no change)7474
UoM 5-year Consumer Inflation ExpectationBearish change3.1%3%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.2%0.1%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.3%2.4%
Personal Income (MoM)Bearish change0.7%0.3%
Personal SpendingBullish change0.3%0.4%
Existing Home Sales Change (MoM)Bullish change3.4%4.8%
Initial Jobless ClaimsBullish change242K220K
Philadelphia Fed Manufacturing SurveyBearish change-5.5-16.4
Core Personal Consumption Expenditures (QoQ)Bullish change2.1%2.2%
Gross Domestic Product AnnualizedBullish change2.8%3.1%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Fed Interest Rate DecisionBearish change4.75%4.5%
Interest Rate Projections - 1st yearBullish change3.4%3.9%
Interest Rate Projections - 2nd yearBullish change2.9%3.4%
Interest Rate Projections - 3rd yearBullish change2.9%3.1%
Interest Rate Projections - Current(no change)4.4%4.4%
Interest Rate Projections - LongerBullish change2.9%3%
Building Permits (MoM)Bullish change1.419M1.505M
Housing Starts (MoM)Bearish change1.312M1.289M
Industrial Production (MoM)Bullish change-0.4%-0.1%
Retail Sales (MoM)Bullish change0.5%0.7%
Retail Sales Control GroupBullish change-0.1%0.4%
Retail Sales ex Autos (MoM)(no change)0.2%0.2%
S&P Global Composite PMIBullish change54.956.6
S&P Global Manufacturing PMIBearish change49.748.3
S&P Global Services PMIBullish change56.158.5
NY Empire State Manufacturing IndexBearish change31.20.2
Initial Jobless ClaimsBearish change225K242K
Producer Price Index (MoM)Bullish change0.3%0.4%
Producer Price Index (YoY)Bullish change2.6%3%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index ex Food & Energy (YoY)Bullish change3.1%3.4%
Monthly Budget StatementBearish change$-257B$-367B
Consumer Price Index (MoM)Bullish change0.2%0.3%
Consumer Price Index (YoY)Bullish change2.6%2.7%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.3%3.3%
Nonfarm Productivity(no change)2.2%2.2%
Unit Labor CostsBearish change1.9%0.8%

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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