Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Manufacturing Production (MoM) was 1.1% against a forecast of 0.2%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Manufacturing Production (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (MoM) | Bearish change | 0.3% | 0% | ||
Consumer Price Index (YoY) | Bearish change | 2.2% | 1.7% | ||
Core Consumer Price Index (YoY) | Bearish change | 3.6% | 3.2% | ||
PPI Core Output (MoM) n.s.a | Bearish change | 0.1% | 0% | ||
PPI Core Output (YoY) n.s.a | Bullish change | 1.3% | 1.4% | ||
Producer Price Index - Output (MoM) n.s.a | Bearish change | -0.3% | -0.5% | ||
Producer Price Index - Output (YoY) n.s.a | Bearish change | 0.2% | -0.7% | ||
Retail Price Index (MoM) | Bearish change | 0.6% | -0.3% | ||
Retail Price Index (YoY) | Bearish change | 3.5% | 2.7% | ||
Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 5.1% | 4.9% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 4% | 3.8% | ||
Claimant Count Change | Bearish change | 23.7K | 27.9K | ||
Claimant Count Rate | (no change) | 4.7% | 4.7% | ||
Employment Change (3M) | Bullish change | 265K | 373K | ||
ILO Unemployment Rate (3M) | Bullish change | 4.1% | 4% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.2% | ||
Industrial Production (MoM) | Bullish change | -0.7% | 0.5% | ||
BRC Like-For-Like Retail Sales (YoY) | Bullish change | 0.8% | 1.7% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |