Gross Domestic Product (YoY)

The Gross Domestic Product released by Central Statistical Office is a measure of the total value of all goods and services produced by Ireland. The GDP is considered as a broad measure of economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a negative trend is seen as negative (or bearish).

Most recent - Thursday 5 December 2024 11:00

Previous
-4%
Revised
-3.2%
Forecast
-1.2%
Actual
2.9%

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

Trading range

Announcement history

The most recent announced value for Gross Domestic Product (YoY) was 2.9% against a forecast of -1.2%.

Past events

Date
Forecast
Actual
Thursday 5 December 2024 11:00
-1.2%
2.9%
Thursday 5 September 2024 10:00
-1.4%
-4%
Thursday 6 June 2024 10:00
-
-6.5%
Friday 1 March 2024 11:00
-
-8.7%
Friday 1 December 2023 11:00
-
-5.8%
Friday 1 September 2023 10:00
-
-0.7%
Friday 2 June 2023 10:00
-
-0.2%
Friday 3 March 2023 11:00
-
12%
Friday 2 December 2022 11:00
-
10.9%
Friday 2 September 2022 10:00
-
11.1%
Friday 3 June 2022 10:00
-
11%
Friday 4 March 2022 11:00
-
9.6%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:

PreviousLatest
Gross Domestic Product (QoQ)(no change)0.8%0.8%
Consumer ConfidenceBearish change-13.7-14.5
Producer Price Index (MoM)Bullish change0.2%0.5%
Producer Price Index (YoY)Bullish change-1.1%0.1%
GfK Consumer Confidence SurveyBullish change-23.1-21.3
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.6%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.8%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)-0.3%-0.3%
ZEW Survey – Current SituationBearish change-91.4-93.1
ZEW Survey – Economic SentimentBullish change7.415.7
ZEW Survey – Economic SentimentBullish change12.517
IFO – Business ClimateBearish change85.684.7
IFO – Current AssessmentBullish change84.385.1
IFO – ExpectationsBearish change8784.4
Consumer Price Index (EU Norm) (YoY)Bearish change1.6%1.5%
Consumer Price Index (YoY)Bearish change1.4%1.3%
HCOB Composite PMIBullish change48.349.5
HCOB Manufacturing PMI(no change)45.245.2
HCOB Services PMIBullish change49.551.4
HCOB Composite PMIBullish change47.247.8
HCOB Manufacturing PMIBearish change4342.5
HCOB Services PMIBullish change49.351
HCOB Composite PMIBullish change45.946.7
HCOB Manufacturing PMIBearish change43.141.9
HCOB Services PMIBullish change46.948.2
Industrial Production s.a. (MoM)Bullish change-1.5%0%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Consumer Price Index (EU norm) (YoY)(no change)1.7%1.7%
Trade Balance s.a.Bearish change€17B€13.4B

About Gross Domestic Product (YoY)

Country:Ireland
Currency:EUR
Source:Central Statistics Office of Ireland
Category:Economic Activity
Frequency:Quarterly

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