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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PolandPoland GDP Growth Rate YoY-2 fell to 3.3% in May 2014
FMPQuarterlyReleased August 2014
Poland GDP Growth Rate YoY-2 fell to 3.3% in May 2014, released August 2014, down 0.1% from April's 3.4% reading. The reading matched the 3.2% consensus.
Latest Release
3.300000
Actual
3.200000
Consensus
3.400000
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-2 (Poland) was reported at 3.3% in August 2014. This beat the market consensus of 3.2% by 0.1%. The reading fell from the previous value of 3.4%. 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).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 26) and Inflation Rate YoY (May 29).
Auto-generated from current model state · Refreshes on each release · Last update August 2014.
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GDP Growth Rate YoY-2 - PL
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About GDP Growth Rate YoY-2 — Poland
DEFINITION
The GDP Growth Rate YoY-2 is a financial indicator that measures the annual percentage change in a country's gross domestic product (GDP) compared to the previous year. It provides insight into the overall economic performance and growth of a country, and is often used by investors and policymakers to assess the health of an economy. A negative YoY-2 growth rate indicates a decline in economic activity, while a positive growth rate suggests an expansion in the economy. This indicator is an important tool for making informed decisions in the financial world.
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 (Apr 2014): actual 3.3 %, consensus 3.2 %.