Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Czech RepublicCzech Republic GDP Growth Rate QoQ Adv climbed to 1.6% in Q1 2014
FMPQuarterlyReleased February 2014
Czech Republic GDP Growth Rate QoQ Adv climbed to 1.6% in Q1 2014, up 1.4% from January's 0.2% reading. The print exceeded the 0.5% consensus by 1.1%.
Latest Release
1.6
Actual
0.5
Consensus
0.2
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 Growth Rate QoQ Adv (Czech Republic) was reported at 1.6% in February 2014. This beat the market consensus of 0.5% by 1.1%. The reading rose from the previous value of 0.2%. This is classified as a medium-impact indicator released on a quarterly basis.
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 February 2014.
SHARE
GDP Growth Rate QoQ Adv - CZ
Loading chart data...
About GDP Growth Rate QoQ Adv — Czech Republic
DEFINITION
The GDP Growth Rate QoQ Adv is a key economic indicator that measures the quarterly change in a country's gross domestic product (GDP). It provides valuable insights into the overall health and performance of an economy, as well as its short-term growth trajectory. This indicator is closely monitored by investors, policymakers, and businesses to make informed decisions and assess the current state of the economy. A positive GDP Growth Rate QoQ Adv 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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2014): actual 1.6 %, consensus 0.5 %.