FX.co ★ Traders economic calendar. Period: Yesterday

Israeli Industrial Production measures the change in the seasonally adjusted Industrial Production Index. Industrial Production Index is an economic indicator that measures changes in output for the manufacturing, mining, and utilities. Although these sectors contribute only a small portion of GDP, they are highly sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance. A higher than expected number should be taken as positive to the ILS, while a lower than expected number as negative

The Gross Domestic Product (GDP) is a primary economic indicator and measures the total market value of all goods and services produced within a country's borders over a specific time period (usually a quarter or year). It represents an important assessment of a nation's overall economic health.

In Qatar, the GDP is calculated using the expenditure approach, which consists of the sum of private consumption, government spending, gross capital formation, and net exports. The calculation also accounts for adjustments made for inflation to obtain the real GDP, providing a more accurate reflection of the economy's state.

Changes in the Qatari GDP are closely monitored by investors, analysts, and policymakers, as they help identify trends in economic growth, detect potential recessions, and make informed decisions on fiscal and monetary policies. Strong, consistent GDP growth is generally considered a positive sign for Qatar's economy, whereas a significant decline or contraction could indicate economic stagnation or recession.

The Gross Domestic Product (GDP) is a key economic indicator for Qatar, reflecting the total value of all goods and services produced within the country over a specific period of time. It is a comprehensive measure of the nation's economic health and growth, providing insights into the overall performance of the economy.

Qatar's GDP is calculated using three main approaches: production, income, and expenditure. The production approach measures the value added by all industries, the income approach sums up all incomes earned by individuals and businesses, and the expenditure approach calculates the total spending on goods and services within the country.

Changes in GDP can have significant implications for the Qatari economy, as it influences government policies, business decisions, and investor sentiment. A growing GDP indicates a healthy and expanding economy, while a declining GDP signals economic contraction and potential challenges. Monitoring GDP data is crucial for policymakers, businesses, and investors to make informed decisions and assess the overall economic climate in Qatar.

This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.