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 (YoY) was 1% against a forecast of 0.4%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Manufacturing Production (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 0.6% | 0.6% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.1% | 0.9% | ||
| S&P Global Composite PMI | Bearish change | 49.7 | 49.4 | ||
| S&P Global Manufacturing PMI | Bearish change | 53.9 | 53.1 | ||
| S&P Global Services PMI | Bearish change | 49.3 | 48.7 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Economic Activity |
| Frequency: | Monthly |