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% against a forecast of 1.2%.
Recent economic data has been moderately bearish 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 | 3.5% | 3.2% | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Industrial Production (MoM) | Bullish change | -0.9% | -0.1% | ||
| Manufacturing Production (MoM) | Bullish change | -0.5% | 0.1% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 2.3% | 0.7% |