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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria GDP Annual Growth Rate YoY climbed to 0.7% in December 2012
FMPQuarterlyReleased March 2013
Austria GDP Annual Growth Rate YoY climbed to 0.7% in December 2012, released March 2013, up 0.1% from November's 0.6% reading.
Latest Release
0.700000
Actual
—
Consensus
0.600000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Annual Growth Rate YoY (Austria) was reported at 0.7% in March 2013. The reading rose from the previous value of 0.6%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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GDP Annual Growth Rate YoY - AT
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About GDP Annual Growth Rate YoY — Austria
DEFINITION
The GDP Annual Growth Rate YoY (Year-over-Year) is a key economic indicator that measures the percentage change in a country's gross domestic product (GDP) over a one-year period. It provides valuable insight into the overall health and performance of an economy, as well as its growth trajectory. This indicator is closely monitored by investors, policymakers, and businesses as it can impact financial markets, consumer spending, and government policies. A positive GDP Annual Growth Rate YoY indicates a growing economy, while a negative rate suggests a decline.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 0.7 %.