Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected impact on GBP pairs is high.
There is no forecast value for Gross Domestic Product (YoY) yet - check back for updates.
The most recent announced value for Gross Domestic Product (YoY) was 1.4% against a forecast of 1.2%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | (no change) | 0.3% | 0.3% | ||
S&P Global Composite PMI | Bearish change | 53.5 | 51 | ||
S&P Global Manufacturing PMI | Bearish change | 47 | 46.2 | ||
S&P Global Services PMI | Bearish change | 54.2 | 51.9 |