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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Gross Domestic Product QoQ climbed to 3.9% in Q2 2026
FMPMonthlyReleased July 2026
Ireland Gross Domestic Product QoQ climbed to 3.9% in Q2 2026, released July 2026, up 16.0% from March's -12.1% reading. The print exceeded the -7.0% consensus by 10.9%. Gross Domestic Product QoQ has now risen for 3 consecutive months. Over the past 3 months, Gross Domestic Product QoQ averaged -9.55%, vs -3.2% in the prior 3-month window. Gross Domestic Product QoQ is now the highest in 12 months.
Latest Release
3.9
Actual
-7
Consensus
-12.1
Previous
Median Absolute Error
±4.9 percentage points
across last 7 releases
Last Call
Jul 2026
Predicted: -12.05
Actual: 3.9
Error: -15.95
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 |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.41 | CRYPTO | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| USD/JPY | ▼ Inverse | −0.27 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Gross Domestic Product QoQ (Ireland) was reported at 3.9% in July 2026. This beat the market consensus of -7% by 10.9%. The reading rose from the previous value of -12.1%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -2.48%, ranging from -12.1% to 3.9% across 8 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -5.07%, down from the prior three at -1.57%. In July readings over the past 3 years, Gross Domestic Product QoQ has averaged 0.83%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with GBP/USD, negatively correlated (Bearish GBP). Over the last 7 releases, the Sigmacast model's median absolute error is 4.9%.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Gross Domestic Product QoQ - IE
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About Gross Domestic Product QoQ — Ireland
DEFINITION
Ireland's Gross Domestic Product QoQ surged to 3.900000% in Q2 2026, sharply beating the -7.000000% estimate and reversing the prior quarter's -12.100000% contraction. This marks a strong rebound from Q1 2026's deep decline, signaling a rapid economic recovery. Market focus now shifts to upcoming data releases and central bank responses amid this volatility. Updated 7/29/26
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 monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 3.9 %, consensus -7 %. Prior reading (Apr 2026): -7 %. Before that (Jan 2026): -12.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially 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 BTC/USD (Bearish BTC, r=-0.41) — a useful reference for crypto-focused traders.
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EXPECTED ZONE
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Economic Calendar - IE Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | IE | Harmonised Inflation Rate YoY | 3.1 | 3.2 | 3.4 | 3.25 | Low |
| 10:00 | IE | Harmonised Inflation Rate MoM | 0 | 0.3 | 0.4 | 0.20 | Low |