Daily Management Review

Analysts expect to improve Q4 U.S. GDP growth estimates


U.S. GDP rose 7.1 percent year-over-year last quarter, according to the third and final estimate (if GDP had grown at the same rate for four straight quarters), according to analysts polled by Daily FX.

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The release will be issued by the Commerce Department's Bureau of Economic Analysis on Wednesday, March 30. The first estimate was for a 6.9 percent growth rate and the second was for a 7 percent growth rate.

The German Federal Statistical Office (Destatis) will release preliminary data on inflation in the country for March at the same time. 

Analysts expect a record 6.3% after a 5.1% annual rate in February. According to Destatis, the highest annual inflation rate was observed in March-May 1992, the rate was 6.2%.

source: dailyfx.com