Gross Domestic Product Price Index

The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. Generally speaking, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

Most recent - Thursday 25 April 2024 12:30

Previous
1.7%
Revised
-
Forecast
-
Actual
3.1%

Next event - Thursday 30 May 2024 12:30

Previous
3.1%
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Gross Domestic Product Price Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product Price Index was 3.1%.

Past events

Date
Forecast
Actual
Thursday 25 April 2024 12:30
-
3.1%
Thursday 28 March 2024 12:30
1.7%
1.7%
Wednesday 28 February 2024 13:30
1.5%
1.7%
Thursday 25 January 2024 13:30
-
1.5%
Thursday 21 December 2023 13:30
-
3.3%
Wednesday 29 November 2023 13:30
3.5%
3.5%
Thursday 26 October 2023 12:30
2.5%
3.5%
Thursday 28 September 2023 12:30
2%
1.7%
Wednesday 30 August 2023 12:30
2.2%
2%
Thursday 27 July 2023 12:30
3%
2.2%
Thursday 29 June 2023 12:30
4.2%
4.1%
Thursday 25 May 2023 12:30
4%
4.1%
Thursday 27 April 2023 12:30
3.8%
4%
Thursday 30 March 2023 12:30
3.9%
3.9%
Thursday 23 February 2023 13:30
3.5%
3.9%
Thursday 26 January 2023 13:30
3.3%
3.5%
Thursday 22 December 2022 13:30
4.3%
4.4%
Wednesday 30 November 2022 13:30
4.1%
4.3%
Thursday 27 October 2022 12:30
5.3%
4.1%
Thursday 29 September 2022 12:30
8.9%
9.1%
Thursday 25 August 2022 12:30
8.7%
9%
Thursday 28 July 2022 12:30
7.9%
8.9%
Wednesday 29 June 2022 12:30
8.1%
8.3%
Thursday 26 May 2022 12:30
8%
8.1%
Thursday 28 April 2022 12:30
7.3%
8%
Wednesday 30 March 2022 12:30
7.2%
7.1%
Thursday 24 February 2022 13:30
6.9%
7.2%
Thursday 27 January 2022 13:30
6%
7%
Wednesday 22 December 2021 13:30
5.9%
5.9%
Wednesday 24 November 2021 13:30
5.7%
5.9%
Thursday 28 October 2021 12:30
5.5%
5.7%
Thursday 30 September 2021 12:30
6.1%
6.2%
Thursday 26 August 2021 12:30
6%
6.2%
Thursday 29 July 2021 12:30
5.4%
6.1%
Thursday 24 June 2021 12:30
4.3%
4.3%
Thursday 27 May 2021 12:30
4.1%
4.3%

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Price Index result:

PreviousLatest
Initial Jobless ClaimsBearish change209K231K
ISM Services Employment IndexBearish change48.545.9
ISM Services New Orders IndexBearish change54.452.2
ISM Services PMIBearish change51.449.4
ISM Services Prices PaidBullish change53.459.2
S&P Global Composite PMIBullish change50.951.3
Average Hourly Earnings (MoM)Bearish change0.3%0.2%
Average Hourly Earnings (YoY)Bearish change4.1%3.9%
Labor Force Participation Rate(no change)62.7%62.7%
Nonfarm PayrollsBearish change315K175K
U6 Underemployment RateBearish change7.3%7.4%
Unemployment RateBearish change3.8%3.9%
Factory Orders (MoM)Bullish change1.2%1.6%
Initial Jobless Claims(no change)208K208K
Nonfarm ProductivityBearish change3.5%0.3%
Unit Labor CostsBullish change0%4.7%
Challenger Job CutsBearish change90.309K64.789K
Fed Interest Rate Decision(no change)5.5%5.5%
ISM Manufacturing Employment IndexBullish change47.448.6
ISM Manufacturing New Orders IndexBearish change51.449.1
ISM Manufacturing PMIBearish change50.349.2
ISM Manufacturing Prices PaidBullish change55.860.9
JOLTS Job OpeningsBearish change8.813M8.488M
ADP Employment ChangeBearish change208K192K
Chicago Purchasing Managers' IndexBearish change41.437.9
Housing Price Index (MoM)Bullish change-0.1%1.2%
Employment Cost IndexBullish change0.9%1.2%
Michigan Consumer Sentiment IndexBearish change77.977.2
UoM 5-year Consumer Inflation Expectation(no change)3%3%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.5%2.7%
Personal Income (MoM)Bullish change0.3%0.5%
Personal Spending(no change)0.8%0.8%

About Gross Domestic Product Price Index

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Economic Activity
Frequency:Quarterly

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