Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Gross Domestic Product (YoY) was 1.3% against a forecast of 1.4%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bearish change | 3.6% | 3.5% | ||
| Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
| Industrial Production (MoM) | Bullish change | -2% | 1.1% | ||
| Manufacturing Production (MoM) | Bullish change | -1.7% | 0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 1.5% | 1.2% |