Euro area GDP growth measures how much the economy expanded or shrank last quarter, the broadest read on the euro area economy.
Actual
0.6%
Forecast
0.6%
Previous
0.7%
Source: EUROSTAT. Figures as released; revisions appear in the next print.
Euro Area GDP Growth Rate for Q3 2017 came in at 0.6% versus 0.6% expected (previous 0.7%), in line with forecast.
What it meant for the Euro
The actual landed in line with the 0.6% forecast. A reading above forecast is generally bullish for the EUR, and below forecast bearish.
New to this release? See what Euro Area GDP Growth Rate measures, the next release and its full history.