Kosovo GDP Growth Rate YoY
Economic growth in Kosovo is primarily driven by private sector consumption and investment, which are the two most important drivers of growth. When a country experiences a high unemployment rate, it is presumed that the shadow economy employs the vast majority of those who are formally unemployed. When it comes to expenditures, household consumption is the most important component of GDP, accounting for 88% of total use. This is followed by gross capital formation (26%) and government expenditure (17%). Exports of products and services account for 20% of GDP, while imports account for 51% of GDP, resulting in a net loss of 31% of total GDP. Kosovo is one of only a few countries outside of the European Union to have adopted the Euro as its official currency.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.1262 -408 pips |
1.1583 +87 pips |
1.16699 | |
| EURAUD |
|
|
1.7177 -704 pips |
1.7956 -75 pips |
1.78807 | |
| EURJPY |
|
|
164.2174 -752 pips |
170.7941 +94 pips |
171.737 | |
| EURCAD |
|
|
1.5585 -464 pips |
1.6094 -45 pips |
1.60488 | |
| EURCHF |
|
|
0.9351 -8 pips |
0.9472 -113 pips |
0.93593 | |
| EURCZK |
|
|
24.5218 +613 pips |
0 +244605 pips |
24.46052 | |
| EURGBP |
|
|
0.8570 -99 pips |
0.8653 +16 pips |
0.86694 | |
| EURHUF |
|
|
395.9733 -93 pips |
405.0881 -819 pips |
396.90 | |
| EURNOK |
|
|
10.6220 -11231 pips |
11.7581 -130 pips |
11.7451 | |
| EURNZD |
|
|
1.9094 -733 pips |
1.9834 -7 pips |
1.98266 |
News (EUR)
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews | 20 minutes ago
Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 20h 24min ago
German GfK Consumer Confidence To Fall Further
German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.
RTTNews | 2 days ago
