Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for Industrial Production (MoM) yet - check back for updates.
The most recent announced value for Industrial Production (MoM) was -0.9% against a forecast of -0.1%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 3% | 3.4% | ||
Gross Domestic Product (MoM) | Bearish change | 0.4% | -0.1% | ||
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 |