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Measures the change in the inflation-adjusted value of all goods and services produced by the economy compared to the previous quarter. It is the primary indicator of economic health and growth. High growth suggests a robust economy, while negative growth indicates contraction.
Calculated by comparing the total value of goods and services produced in the current quarter to the previous quarter, adjusted for inflation. It uses the expenditure approach, summing consumption, investment, government spending, and net exports.
No sustained trend detected for GDP Growth Rate QoQ (Q4). Forecast accuracy is 72% over 13 readings. The release is expected near the consensus forecast of 0.5.
We are watching the US Q4 GDP growth rate, with forecasts expecting a significant slowdown to 1.4% from the previous 4.4%. This release follows a 5-period rising trend, putting economic resilience to a true test.
Eurozone GDP growth for Q4 reached 0.2%, missing both the forecast and the previous reading of 0.3%. This slowdown indicates a weakening of European economic momentum at the end of the year.