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.
The consensus forecast for Average Earnings Including Bonus (3Mo/Yr) is 4.6%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Average Earnings Including Bonus (3Mo/Yr) was 4.7% against a forecast of 4.6%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Average Earnings Including Bonus (3Mo/Yr) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% | ||
| Gross Domestic Product (QoQ) | (no change) | 0.1% | 0.1% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.2% | 1% | ||
| Industrial Production (MoM) | Bearish change | 1.3% | -0.9% | ||
| Manufacturing Production (MoM) | Bearish change | 1.9% | -0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | 1% | 2.3% | ||
| BoE MPC Vote Rate Cut | Bullish change | 5 | 4 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |