What it measures
Gross Domestic Product measures the value of the goods and services produced. The calendar shows the preliminary flash estimate of real GDP growth for the euro area, quarter on quarter and not annualised, so 0.3% means the economy grew 0.3% in the quarter.
Who publishes it and when
Eurostat publishes the preliminary flash estimate about 30 days after the end of the quarter at 11:00 Luxembourg time. Fuller estimates follow about 45 and 65 days after the quarter ends.
How it is put together
It is built from the early GDP figures that the member countries send to Eurostat. Several large countries, including France, Germany, Italy and Spain, publish their own first figures on or before the same day.
What traders watch
Because the big countries often report first, traders compare the euro area figure with what those releases already implied. Surprises against that are what move prices.
How markets have usually reacted
Reactions are often modest because much of the result is known from national releases. A clear surprise has sometimes moved the euro and European stock indices in the direction of the surprise.
Common mistakes
- Comparing it with U.S. GDP without noticing that U.S. growth is shown as an annual rate and euro area growth is not.
- Ignoring the national figures released earlier.
How a higher or lower figure is usually read
Faster growth than the previous reading is usually read as supportive for the euro; slower growth as negative. Not a signal.
Release history
| Date | Period | Actual | Previous |
|---|---|---|---|
| Q3 2026 | 0.4% | 0.6% |
Related news
- Euro Area HICP Flash Estimate
- ECB Rate Decision (deposit facility rate)
- Euro Area Unemployment Rate
- Economic calendar: every release this week in your time zone
- Lot size calculator: keep your risk the same around news
- How to use an economic calendar: what happens around a release, and how to plan for it
Trading involves a high risk of loss. This page is information and education, not advice or a signal to trade. See the Risk Disclaimer.
Official source
Eurostat data: Source: Eurostat (ec.europa.eu/eurostat), euro indicators; figures shown as published.
Calendar data: ec.europa.eu
Published by Eurostat, the statistical office of the European Union: ec.europa.eu