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 0.5% against a forecast of 0.2%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 3.8% | 3.6% | ||
| Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 4.1% | 3.8% | ||
| Claimant Count Change | Bearish change | 17.1K | 26.8K | ||
| Claimant Count Rate | Bearish change | 4.3% | 4.4% | ||
| Employment Change (3M) | Bearish change | 84K | 25K | ||
| ILO Unemployment Rate (3M) | Bullish change | 5.2% | 4.9% | ||
| Gross Domestic Product (MoM) | Bullish change | 0.1% | 0.5% | ||
| Manufacturing Production (MoM) | Bearish change | 0.2% | -0.1% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | 0.7% | 3.1% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Economic Activity |
| Frequency: | Monthly |