The typical/expected market impact of this event is low.
The consensus forecast for Gross Domestic Product (YoY) is -6%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Gross Domestic Product (YoY) was 2.2% against a forecast of 3.4%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
| Country: | Ireland |
|---|---|
| Currency: | EUR |
| Source: | Central Statistics Office of Ireland |
| Category: | Economic Activity |
| Frequency: | Quarterly |