The typical/expected impact on GBP pairs is medium.
The consensus forecast for Gross Domestic Product (MoM) is 0.1%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Gross Domestic Product (MoM) was 0% against a forecast of 0%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 4.8% | 4.7% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bullish change | 4.7% | 5% | ||
Claimant Count Change | Bearish change | 17.4K | 25.8K | ||
Claimant Count Rate | Bearish change | 4.3% | 4.4% | ||
Employment Change (3M) | Bearish change | 232K | 91K | ||
ILO Unemployment Rate (3M) | Bearish change | 4.7% | 4.8% | ||
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 2.9% | 2% |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |