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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
UkraineUkraine GDP Growth Rate QoQ fell to 0.2% in Q2 2024
FMPQuarterlyReleased September 2024
Ukraine GDP Growth Rate QoQ fell to 0.2% in Q2 2024, released September 2024, down 1.0% from March's 1.2% reading. The reading missed the 0.7% consensus by 0.5%. The print is running well below the 12-month average of 0.95%. GDP Growth Rate QoQ is now the lowest in 9 months.
Latest Release
0.2
Actual
0.7
Consensus
1.2
Previous
Median Absolute Error
±0.5 percentage points
across last 3 releases
Last Call
Sep 2024
Predicted: 0.7
Actual: 0.2
Error: +0.5
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 (Ukraine) was reported at 0.2% in September 2024. This missed the market consensus of 0.7% by 0.5%. The reading fell from the previous value of 1.2%.
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 September 2024.
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GDP Growth Rate QoQ - UA
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About GDP Growth Rate QoQ — Ukraine
DEFINITION
The GDP Growth Rate QoQ (Quarter over Quarter) is a key economic indicator that measures the percentage change in a country's gross domestic product from one quarter to the next. It provides valuable insight into the overall health and growth of the economy, and is closely monitored by investors, policymakers, and businesses to make informed decisions. A positive GDP Growth Rate QoQ indicates a growing economy, while a negative rate suggests a decline. This indicator is an important tool for assessing the current state and predicting future trends of a country's economy.
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 (Apr 2024): actual 0.2 %, consensus 0.7 %. Prior reading (Jan 2024): 1.2 %. Before that (Jul 2023): 0.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print. Current dynamics are the primary tailwind in the projection.