Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Industrial Production (MoM) was 1.5% against a forecast of 0%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (MoM) | Bearish change | 0.4% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 2.8% | 2.6% | ||
Core Consumer Price Index (YoY) | Bearish change | 3.5% | 3.4% | ||
Retail Price Index (MoM) | Bearish change | 0.6% | 0.3% | ||
Retail Price Index (YoY) | Bearish change | 3.4% | 3.2% | ||
Average Earnings Excluding Bonus (3Mo/Yr) | Bullish change | 5.8% | 5.9% | ||
Average Earnings Including Bonus (3Mo/Yr) | (no change) | 5.6% | 5.6% | ||
Claimant Count Change | Bearish change | 16.5K | 18.7K | ||
Claimant Count Rate | Bearish change | 4.6% | 4.7% | ||
Employment Change (3M) | Bullish change | 144K | 206K | ||
ILO Unemployment Rate (3M) | (no change) | 4.4% | 4.4% | ||
BRC Like-For-Like Retail Sales (YoY) | (no change) | 0.9% | 0.9% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.5% | ||
Manufacturing Production (MoM) | Bullish change | -1% | 2.2% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |