Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Average Earnings Excluding Bonus (3Mo/Yr) was 3.5% against a forecast of 3.4%.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 52.2 | 52.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 51.9 | 51.5 | ||
| S&P Global Services PMI | Bullish change | 52.1 | 52.8 | ||
| Retail Sales (MoM) | Bearish change | 0.7% | -0.5% | ||
| Retail Sales (YoY) | Bearish change | 3.8% | 1.6% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.9% | -0.9% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 5% | 2.3% | ||
| GfK Consumer Confidence | Bullish change | -17 | -14 | ||
| Consumer Price Index (MoM) | Bullish change | 0.1% | 0.3% | ||
| Consumer Price Index (YoY) | Bullish change | 2.6% | 2.9% | ||
| Core Consumer Price Index (YoY) | (no change) | 2.6% | 2.6% | ||
| PPI Core Output (MoM) n.s.a | Bullish change | 0.5% | 0.6% | ||
| PPI Core Output (YoY) n.s.a | Bullish change | 2.6% | 2.8% | ||
| Producer Price Index - Output (MoM) n.s.a | Bullish change | -0.1% | 0.2% | ||
| Producer Price Index - Output (YoY) n.s.a | Bearish change | 3.5% | 3.1% | ||
| Retail Price Index (MoM) | Bullish change | 0.3% | 0.6% | ||
| Retail Price Index (YoY) | Bullish change | 3% | 3.2% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |