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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany GDP Growth Rate YoY climbed to 1.2% in July 2026
FMPQuarterlyReleased October 2026
Germany GDP Growth Rate YoY climbed to 1.2% in July 2026, released October 2026, up 0.2% from June's 1.0% reading. The print exceeded the 1.1% consensus by 0.1%. GDP Growth Rate YoY has now risen for 5 consecutive months. GDP Growth Rate YoY is now the highest in 45 months.
Latest Release
1.2
Actual
1.1
Consensus
1
Previous
Median Absolute Error
±0.1 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 1.05
Actual: 1
Error: +0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/GBP | ▲ Direct | +0.58 | FOREX | Moves with | → View |
| FTSE 100 | ▼ Inverse | −0.49 | INDEX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.42 | FOREX | Moves with | → View |
| EUR/JPY | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.25 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth Rate YoY (Germany) was reported at 1.2% in October 2026. This beat the market consensus of 1.1% by 0.1%. The reading rose from the previous value of 1%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.53%, ranging from 0.3% to 1% across 7 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 0.77%, up from the prior three at 0.37%. Volatility over the past year (σ 0.27%) is higher than the prior year (σ 0.23%). In August readings over the past 3 years, GDP Growth Rate YoY has averaged 0.4%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/GBP (Bullish EUR). A secondary relationship exists with FTSE 100, negatively correlated (Bearish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.1%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Oct 30) and Inflation Rate MoM (Oct 30).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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GDP Growth Rate YoY - DE
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About GDP Growth Rate YoY — Germany
DEFINITION
The GDP Growth Rate YoY (Year-over-Year) is a key economic indicator that measures the annual change in a country's Gross Domestic Product (GDP). It provides insight into the overall health and performance of an economy, as a higher growth rate indicates a stronger and more robust economy. This indicator is closely monitored by policymakers, investors, and businesses to make informed decisions and assess the current and future economic outlook. A positive GDP Growth Rate YoY is generally seen as a positive sign of economic growth and stability, while a negative growth rate may indicate a slowdown or recession.
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 (Jul 2026): actual 1.2 %, consensus 1.1 %. Prior reading (Apr 2026): 1 %. Before that (Apr 2026): 0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bullish EUR, r=0.58) — a useful reference for forex-focused traders.
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Economic Calendar - DE Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | DE | Import Prices MoM | 2.1 | 1 | 1.8 | 1.95 | Low |
| 07:00 | DE | Import Prices YoY | 10.4 | 8.3 | 10.3 | 10.35 | Low |
| 08:55 | DE | Unemployment Rate | 6.4 | 6.4 | 6.4 | 6.43 | High |
| 08:55 | DE | Unemployed Persons | 3.016 | 3.012 | 3.017 | 3.02 | Medium |
| 08:55 | DE | Employment Change | 4 | 12 | 5 | 5.00 | High |
| 09:00 | DE | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.1 | 0.15 | High |
| 09:00 | DE | GDP Growth Rate YoY | 1.2 | 1 | 1.1 | 1.15 | High |