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Press release No. 035 of 3 February 2020 Experimental data: Federal Statistical Office is testing early indicator of economic development

...The Federal Statistical Office (Destatis) is testing a new early indicator of the overall economic development. The so-called GDP nowcast is to provide a reliable estimate of short-term economic development in Germany as early as 10 days after the end of a quarter of the year. The Federal Statistical Office thus aims to provide high-quality data on the development of the gross domestic product (GDP) even more quickly in the future. ...