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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IsraelIsrael GDP Growth Rate YoY held to 1.85% in July 2014
FMPQuarterlyReleased January 2015
Israel GDP Growth Rate YoY held to 1.85% in July 2014, released January 2015. The print exceeded the 1.64% consensus by 0.21%. GDP Growth Rate YoY has now declined for 4 consecutive months. GDP Growth Rate YoY is now the lowest in 17 months.
Latest Release
1.85
Actual
1.64
Consensus
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 YoY (Israel) was reported at 1.85% in January 2015. This beat the market consensus of 1.64% by 0.21%. 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 January 2015.
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GDP Growth Rate YoY - IL
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About GDP Growth Rate YoY — Israel
DEFINITION
GDP Growth Rate YoY is a key financial indicator that measures the annual percentage 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 growth trajectory over time. This indicator is closely monitored by investors, policymakers, and businesses to assess the strength and stability of a country's economy. A positive GDP Growth Rate YoY 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 (Jul 2014): actual 1.64 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.