Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for GfK Consumer Confidence was -17 against a forecast of -20.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
Previous | Latest | ||||
---|---|---|---|---|---|
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: | Growth from Knowledge |
Category: | Consumption |
Frequency: | Monthly |