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 high.
There is no forecast value for Consumer Price Index (MoM) yet - check back for updates.
The most recent announced value for Consumer Price Index (MoM) was 1.2% against a forecast of 1.1%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bullish change | 0.1% | 1.2% | ||
Retail Sales (YoY) | Bullish change | 2.6% | 5% | ||
Retail Sales ex-Fuel (MoM) | Bullish change | 0.2% | 1.3% | ||
Retail Sales ex-Fuel (YoY) | Bullish change | 2.6% | 5.3% | ||
GfK Consumer Confidence | Bullish change | -23 | -20 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Inflation |
Frequency: | Monthly |