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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael GDP Growth Annualized QoQ climbed to 2.8% in Q1 2013
FMPQuarterlyReleased May 2013
Israel GDP Growth Annualized QoQ climbed to 2.8% in Q1 2013, released May 2013, up 0.2% from January's 2.6% reading.
Latest Release
2.800000
Actual
—
Consensus
2.600000
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 Growth Annualized QoQ (Israel) was reported at 2.8% in May 2013. The reading rose from the previous value of 2.6%.
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 May 2013.
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GDP Growth Annualized QoQ - IL
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About GDP Growth Annualized QoQ — Israel
DEFINITION
GDP Growth Annualized QoQ is a key financial indicator that measures the quarterly change in a country's gross domestic product (GDP) on an annualized basis. This metric provides valuable insights into the overall health and performance of an economy, as it reflects the rate of growth or decline in the value of goods and services produced within a specific time period. It is widely used by economists, policymakers, and investors to assess the strength and direction of a country's economic growth.
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 (May 2013): actual 2.8 %.