Crecemento do Produto Interior Bruto (GDP) (EUR)

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Latest reading: 3230.449 (2024-03-31)  ·  %QoQ

Category: Economy

API Endpoint

/api/v1/announcements/eur/gdp

About Crecemento do Produto Interior Bruto (GDP) (EUR)

Eurozone's Gross Domestic Product (GDP) measures the total inflation-adjusted value of all goods and services produced by the economy, released quarterly. It is the broadest single gauge of economic health and is closely tracked by the European Central Bank when setting monetary policy.

Why FX traders watch it

GDP is a primary driver of central bank rate decisions—strong growth raises the probability of tighter monetary policy, which tends to support the eur. Divergences in growth between two economies are a core foundation of FX fundamental analysis.

How to interpret the data

A print above consensus suggests the Eurozone economy is expanding faster than expected, which is broadly positive for the eur. A miss can fuel rate-cut expectations and weaken the currency. Revisions to prior quarters can be as market-moving as the headline release.

Historical Crecemento do Produto Interior Bruto (GDP) (EUR)

Source: ECB/Eurostat  ·  Quarterly  ·  %QoQ

Data provided by FXMacroData via the /api/v1/announcements/eur/gdp endpoint. For access, see pricing.

Data Source

Primary Source

ECB/Eurostat

Official Series ID

MNA/Q.Y.I9.W2.S1.S1.B.B1GQ

Data Format and Properties

Data Frequency

Quarterly

Unit of Measure

%QoQ

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "EUR",
    "indicator": "gdp",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Crecemento do Produto Interior Bruto (GDP) data for EUR from 2023:

GET https://fxmacrodata.com/api/v1/announcements/eur/gdp?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is Eurozone GDP released?
GDP for Eurozone is published on a quarterly basis, typically with an advance estimate followed by revision rounds.
What unit is Eurozone GDP measured in?
The series is expressed in %QoQ.
Who publishes Eurozone GDP data?
The official source is European Central Bank or the national statistics agency. FXMacroData delivers this series with announcement timestamps via the /api/v1/announcements/eur/gdp endpoint.