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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael GDP Growth Rate QoQ - Thirdimate climbed to 1.2% in Q3 2013
FMPQuarterlyReleased October 2013
Israel GDP Growth Rate QoQ - Thirdimate climbed to 1.2% in Q3 2013, released October 2013, up 0.54% from June's 0.66% reading. The reading matched the 1.2% consensus.
Latest Release
1.200000
Actual
1.200000
Consensus
0.660000
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 - Thirdimate (Israel) was reported at 1.2% in July 2013. This matched the market consensus of 1.2% exactly. The reading rose from the previous value of 0.66%. 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 October 2013.
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GDP Growth Rate QoQ - Thirdimate - IL
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About GDP Growth Rate QoQ - Thirdimate — Israel
DEFINITION
The GDP Growth Rate QoQ - Thirdimate is a key financial indicator that measures the quarterly change in a country's gross domestic product. It provides valuable insights into the overall economic performance and growth of a nation, allowing investors and policymakers to make informed decisions. This indicator is considered a reliable measure of a country's economic health and is closely monitored by financial experts and analysts. The Thirdimate version offers the most up-to-date and accurate data, making it a crucial tool for evaluating economic trends and forecasting future developments.
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 (Oct 2013): actual 1.2 %, consensus 1.2 %.