Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected market impact of this event is low.
There is no forecast value for Index of Services (3M/3M) yet - check back for updates.
The most recent announced value for Index of Services (3M/3M) was 0.4% against a forecast of 0.3%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Index of Services (3M/3M) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 3% | 3.4% | ||
Gross Domestic Product (MoM) | Bearish change | 0.4% | -0.1% | ||
Industrial Production (MoM) | Bearish change | 0.5% | -0.9% | ||
Manufacturing Production (MoM) | Bearish change | 0.7% | -1.1% | ||
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 2.5% | 0.9% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |