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
HCOB Services PMIBullish change50.154.2
Unemployment Rate(no change)6.2%6.2%
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.3%0.2%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.6%2.4%
Harmonized Index of Consumer Prices (MoM)Bearish change0.1%-0.1%
Harmonized Index of Consumer Prices (YoY)Bearish change3.2%2.8%
HCOB Manufacturing PMIBullish change5050.3
HCOB Manufacturing PMIBearish change52.952.2
HCOB Manufacturing PMIBearish change51.249.7
Consumer Price Index (MoM)Bearish change-0.2%-0.3%
Consumer Price Index (YoY)Bearish change2.6%2.3%
Harmonized Index of Consumer Prices (MoM)Bearish change-0.1%-0.2%
Harmonized Index of Consumer Prices (YoY)Bearish change2.7%2.4%
Consumer Price Index (EU Norm) (YoY)Bearish change3.2%3.1%
Consumer Price Index (YoY)Bearish change3.2%3%
Unemployment ChangeBearish change-12K-1K
Unemployment Rate s.a.(no change)6.3%6.3%
Consumer Price Index (EU norm) (YoY)Bearish change2.8%2%
Retail Sales (MoM)Bullish change-0.4%1.1%
Retail Sales (YoY)Bullish change-0.6%1.8%
Business ClimateBearish change-0.27-0.38
Consumer Confidence(no change)-17.7-17.7
Economic Sentiment IndicatorBullish change93.795
Harmonized Index of Consumer Prices (YoY)(no change)3.6%3.6%
Gross Domestic Product (QoQ)(no change)0.6%0.6%
GfK Consumer Confidence SurveyBullish change-29.7-29.2
IFO – Business ClimateBullish change8585.6
IFO – Current AssessmentBullish change86.187
IFO – ExpectationsBullish change83.984.1
HCOB Composite PMIBullish change48.549.5
HCOB Manufacturing PMIBearish change51.651.3
HCOB Services PMIBullish change47.748.9
HCOB Composite PMIBearish change48.848
HCOB Manufacturing PMIBearish change50.150
HCOB Services PMIBearish change48.146.8
HCOB Composite PMIBullish change44.947.6
HCOB Manufacturing PMIBullish change49.750.7
HCOB Services PMIBullish change44.347.4
Consumer ConfidenceBullish change-19-17.7

About Federal Election

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