The Monthly Economic Activity indicator serves as a high-frequency proxy for Gross Domestic Product (GDP), tracking the performance of various sectors such as industry, services, and agriculture on a month-to-month basis. It provides timely insights into the economy's growth momentum before official quarterly GDP figures are released. This data is crucial for policymakers and investors to assess the immediate impact of economic shocks or policy changes.
The index is typically calculated using a weighted average of production and sales indices across different economic sectors, adjusted for seasonal variations and working days.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 23, 2026 | — | 0.10 | — |
| Aug 24, 2026 | -0.10 | 0.20 | -0.30 |
| Jul 23, 2026 | -0.40 | -0.40 | 0.00 |
| Jun 23, 2026 | 1.40 | 0.20 | +1.20 |
| May 22, 2026 | 0.60 | 0.00 | +0.60 |
| Apr 24, 2026 | 0.10 | 0.50 | -0.40 |
| Mar 24, 2026 | -0.70 | -0.40 | -0.30 |
| Feb 23, 2026 | 0.40 | 0.20 | +0.20 |
| Jan 23, 2026 | -0.20 | 0.30 | -0.50 |
| Dec 22, 2025 | 1.00 | 0.50 | +0.50 |
| Nov 21, 2025 | -0.60 | -0.10 | -0.50 |
| Oct 22, 2025 | 0.60 | 0.10 | +0.50 |
| Sep 23, 2025 | -0.90 | -0.70 | -0.20 |
| Aug 22, 2025 | 0.20 | 0.30 | -0.10 |
| Jul 22, 2025 | 0.00 | 0.30 | -0.30 |
| Jun 23, 2025 | 0.50 | 0.20 | +0.30 |
| May 22, 2025 | -0.40 | -0.10 | -0.30 |
| Apr 25, 2025 | 1.00 | 0.60 | +0.40 |
| Mar 24, 2025 | -0.20 | 0.30 | -0.50 |
| Feb 21, 2025 | -1.00 | -0.70 | -0.30 |
| Jan 24, 2025 | 0.40 | 0.30 | +0.10 |
| Dec 23, 2024 | -0.70 | 0.30 | -1.00 |
| Nov 22, 2024 | 0.20 | 0.10 | +0.10 |
| Oct 22, 2024 | -0.30 | -0.10 | -0.20 |
| Sep 23, 2024 | 0.60 | 0.40 | +0.20 |
| Jul 22, 2024 | 0.70 | 0.30 | +0.40 |
| Jun 21, 2024 | -0.60 | -0.30 | -0.30 |
| May 23, 2024 | 0.30 | 0.80 | -0.50 |
| Apr 22, 2024 | 1.40 | 0.20 | +1.20 |
| Mar 22, 2024 | -0.60 | 0.30 | -0.90 |
| Jan 24, 2024 | -0.50 | -0.20 | -0.30 |
| Dec 22, 2023 | -0.10 | 0.20 | -0.30 |
| Nov 24, 2023 | 0.60 | 0.30 | +0.30 |
| Oct 23, 2023 | 0.40 | 0.30 | +0.10 |
| Sep 22, 2023 | 0.20 | 0.30 | -0.10 |
| Aug 29, 2023 | 0.50 | 0.50 | 0.00 |
| Jul 25, 2023 | 0.00 | 0.40 | -0.40 |
| Jun 26, 2023 | 0.80 | -0.20 | +1.00 |
| May 26, 2023 | -0.30 | 0.10 | -0.40 |
| Apr 25, 2023 | 0.10 | 0.40 | -0.30 |
| Mar 24, 2023 | 0.60 | 0.10 | +0.50 |
| Feb 24, 2023 | 0.30 | 0.40 | -0.10 |
| Jan 25, 2023 | -0.50 | -0.10 | -0.40 |
| Nov 25, 2022 | 0.70 | 0.10 | +0.60 |
| Oct 25, 2022 | 1.00 | 0.10 | +0.90 |
| Sep 26, 2022 | 0.40 | 0.30 | +0.10 |
| Aug 25, 2022 | -0.30 | -0.50 | +0.20 |
| Jul 25, 2022 | -0.20 | 0.50 | -0.70 |
| Jun 24, 2022 | 1.10 | 0.80 | +0.30 |
| May 25, 2022 | 0.30 | 0.50 | -0.20 |
| Mar 25, 2022 | 0.40 | 0.40 | 0.00 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 23, 2026 | -0.30 | -0.40 | -0.10 ↓ |
| Jun 23, 2026 | 1.20 | 1.40 | +0.20 ↑ |
| May 22, 2026 | 0.40 | 0.60 | +0.20 ↑ |
| Mar 24, 2026 | -0.90 | -0.70 | +0.20 ↑ |