Measure of the amount of goods and services sought by German consumers. This sort of consumption is the largest component of GDP and key to German economic growth. Given that Germany is the largest country in the Euro-zone; its economic activity will be reflected in Euro-zone figures and watched by the European Central Bank. Though Germany is traditionally an export driven economy, the strength of domestic demand can determine whether economic slowdown or growth is in the future.

Increases in Domestic Demand bode well for the economy, suggesting that consumers will demand and purchase more goods locally, fueling business profits and growth. Such growth indicates the strength of the economy and is bullish for the Euro. Uncontrolled growth, however, can raise inflationary risks.

The figure is reported in billion of Euro and also as a percent change.

Relevance: Rarely affects markets
Release schedule: 6:00 (GMT); quarterly, toward the end of the month following reporting quarter
Source of report: Federal Statistical Office of Germany
Web Address: http://www.destatis.de/e_home.htm
Address of release: http://www.destatis.de/basis/e/vgr/vgrtab5.htm
AKA: Aggregate Demand, GDP