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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea GDP Annual Growth Rate - Adv fell to 3.2% in July 2014
FMPQuarterlyReleased October 2014
South Korea GDP Annual Growth Rate - Adv fell to 3.2% in July 2014, released October 2014, down 0.3% from June's 3.5% reading. The reading matched the 3.3% consensus.
Latest Release
3.200000
Actual
3.300000
Consensus
3.500000
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 |
|---|---|---|---|---|---|
| USD/KRW | ▼ Inverse | −0.50 | FOREX | Bullish KRW | → View |
| KOSPI | ▲ Direct | +0.45 | INDEX | Bullish KR | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | 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 Annual Growth Rate - Adv (South Korea) was reported at 3.2% in July 2014. This missed the market consensus of 3.3% by 0.1%. The reading fell from the previous value of 3.5%. This is classified as a medium-impact indicator released on a quarterly basis.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/KRW (Bullish KRW). A secondary relationship exists with KOSPI, positively correlated (Bullish KR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (Jun 22) and Business Confidence (Jun 24).
Auto-generated from current model state · Refreshes on each release · Last update October 2014.
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GDP Annual Growth Rate - Adv - KR
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About GDP Annual Growth Rate - Adv — South Korea
DEFINITION
The GDP Annual Growth Rate is a key financial indicator that measures the annual percentage change in a country's gross domestic product (GDP). It provides valuable insight into the overall health and performance of an economy, as well as its potential for future growth. This indicator is used by policymakers, investors, and businesses to make informed decisions and assess the economic climate of a country. A higher GDP Annual Growth Rate indicates a strong and growing economy, while a lower rate may signal potential challenges or slowdowns.
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 3.2 %, consensus 3.3 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/KRW (Bullish KRW, r=-0.50) — a useful reference for forex-focused traders.