The typical/expected impact on GBP pairs is high.
The consensus forecast for Employment Change is 80K. 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 Employment Change was 148K.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bearish change | 0.7% | 0.2% | ||
| Consumer Price Index (YoY) | (no change) | 2.8% | 2.8% | ||
| Core Consumer Price Index (YoY) | Bullish change | 2.5% | 2.6% | ||
| PPI Core Output (MoM) n.s.a | Bearish change | 0.9% | 0.8% | ||
| PPI Core Output (YoY) n.s.a | Bearish change | 2.6% | 2.3% | ||
| Producer Price Index - Output (MoM) n.s.a | Bearish change | 1.5% | 0.5% | ||
| Producer Price Index - Output (YoY) n.s.a | Bearish change | 4.1% | 4% | ||
| Retail Price Index (MoM) | Bearish change | 0.7% | 0.2% | ||
| Retail Price Index (YoY) | Bullish change | 3% | 3.1% | ||
| Consumer Inflation Expectations | Bullish change | 3.2% | 4% | ||
| Gross Domestic Product (MoM) | Bearish change | 0.3% | -0.1% | ||
| Industrial Production (MoM) | Bullish change | -0.2% | 0% | ||
| Manufacturing Production (MoM) | Bearish change | 1.2% | 0.4% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | -3.4% | 3.4% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |