Forex Fundamentals
Euro Area GDP Growth Rate

Euro Area GDP Growth Rate 31 July 2020

Euro Area GDP Growth Rate 31 July 2020: -12.1% for Q2 2020, below the -12% forecast and against -3.6% in Q1 2020 (first reported as -3.8%). It is the lowest of the last 12 releases. It is the third release in a row below the forecast. It was released on Fri 31 Jul 2020 at 09:00 UTC.

These figures were verified on 4 Oct 2026 from the source: EUROSTAT. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
-12.1%
Q2 2020
Forecast
-12%
The market consensus
Previous
-3.6%
As the source gives it

What a print like this usually does

Below the forecast: A miss or contraction usually weighs on the euro as it points to weaker demand and greater scope for rate cuts. A negative surprise across several countries can amplify the reaction.

Euro Area GDP Growth Rate 31 July 2020: -12.1% for Q2 2020 against a -12% forecast, with the last 12 releases
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Cite this release

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Euro Area GDP Growth Rate 31 July 2020: -12.1% vs -12% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-gdp/2020-07-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 Jul 2020Q2-12.1%-12%-3.6%
30 Apr 2020Q1-3.8%-3.5%0.1%
31 Jan 2020Q40.1%0.2%0.3%
31 Oct 2019Q30.2%0.1%0.2%
31 Jul 2019Q20.2%0.2%0.4%
30 Apr 2019Q10.4%0.3%0.2%
31 Jan 2019Q40.2%0.2%0.2%
30 Oct 2018Q30.2%0.4%0.4%
31 Jul 2018Q20.3%0.4%0.4%
2 May 2018Q10.4%0.4%0.7%
30 Jan 2018Q40.6%0.6%0.7%
31 Oct 2017Q30.6%0.6%0.7%
The release before:Euro Area GDP Growth Rate 30 April 2020The release after:Euro Area GDP Growth Rate 30 October 2020Euro Area GDP Growth Rate: every recent resultThis week’s economic calendar