Forex Fundamentals
Euro Area GDP Growth Rate

Euro Area GDP Growth Rate 31 October 2023

Euro Area GDP Growth Rate 31 October 2023: -0.1% for Q3 2023, below the 0% forecast and against 0.2% in Q2 2023 (first reported as 0.3%). It is the lowest reading since Q1 2021. 3 of the last 12 releases came in below the forecast. It was released on Tue 31 Oct 2023 at 10:00 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
-0.1%
Q3 2023
Forecast
0%
The market consensus
Previous
0.2%
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 October 2023: -0.1% for Q3 2023 against a 0% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Euro Area GDP Growth Rate 31 October 2023: -0.1% vs 0% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-gdp/2023-10-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 Oct 2023Q3-0.1%0%0.2%
31 Jul 2023Q20.3%0.2%0%
28 Apr 2023Q10.1%0.2%0%
31 Jan 2023Q40.1%-0.1%0.3%
31 Oct 2022Q30.2%0.2%0.8%
29 Jul 2022Q20.7%0.2%0.5%
29 Apr 2022Q10.2%0.3%0.3%
31 Jan 2022Q40.3%0.3%2.3%
29 Oct 2021Q32.2%2%2.1%
30 Jul 2021Q22%1.5%-0.3%
30 Apr 2021Q1-0.6%-0.8%-0.7%
2 Feb 2021Q4-0.7%-1%12.4%
The release before:Euro Area GDP Growth Rate 31 July 2023The release after:Euro Area GDP Growth Rate 30 January 2024Euro Area GDP Growth Rate: every recent resultThis week’s economic calendar