Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP 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 0.7% against a forecast of 0.2%.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
GfK Consumer Confidence | Bullish change | -19 | -17 | ||
S&P Global Composite PMI | Bullish change | 51.5 | 53 | ||
S&P Global Manufacturing PMI | Bearish change | 48 | 47.3 | ||
S&P Global Services PMI | Bullish change | 51.8 | 53.6 | ||
Consumer Price Index (MoM) | Bearish change | 0.3% | 0.1% | ||
Consumer Price Index (YoY) | Bullish change | 3.6% | 3.8% | ||
Core Consumer Price Index (YoY) | Bullish change | 3.7% | 3.8% | ||
Retail Price Index (MoM) | (no change) | 0.4% | 0.4% | ||
Retail Price Index (YoY) | Bullish change | 4.4% | 4.8% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |