Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Industrial Production (MoM) was 1.1% against a forecast of 0.7%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bearish change | 3.6% | 3.5% | ||
| Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
| Manufacturing Production (MoM) | Bullish change | -1.7% | 0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 1.5% | 1.2% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Economic Activity |
| Frequency: | Monthly |