Germany GDP preview: Consensus points to slower growth
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Germany’s third-quarter Gross Domestic Product (GDP) figures are scheduled for release on October 30 at 07:00 UTC. This is a high-impact event for the Euro. Market consensus anticipates a growth rate of 0.1% quarter-over-quarter. This projection is notably lower than the previous reading of 0.3%, suggesting a potential deceleration in economic activity for the Eurozone’s largest economy.
Historically, this release has shown significant market movement. Across 80 past releases since 2015, EURUSD has seen a median 1-hour move of 7 pips, with top-quarter releases moving 11+ pips. Similarly, EURJPY has recorded a median 1-hour move of 9 pips, with top-quarter events moving 15+ pips. EURAUD and EURNZD have also experienced median 1-hour moves of 7 pips and 9 pips respectively, with top-quarter moves exceeding 16 pips and 17 pips. Other pairs like EURCAD, EURCHF, and EURGBP have seen median 1-hour moves of 7 pips, 4 pips, and 5 pips.
Recent history shows varying market reactions to Germany GDP prints. The most recent actual reading was 0.3% in August 2026. Prior to that, July 2026 saw an actual of 0.2%. In April 2026, an actual of 0.3% against a forecast of 0.2% led to an +11 pips 1-hour move in EURUSD. Conversely, February 2026’s actual of 0.3% against a 0.3% forecast resulted in a -8.3 pips 1-hour move for EURUSD. January 2026’s actual of 0.3% against a forecast of -0.4% saw a +19 pips 1-hour move in EURUSD.