Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Manufacturing Production (YoY) was 0% against a forecast of 0.9%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Manufacturing Production (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 2.7% | 3% | ||
Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
Industrial Production (MoM) | Bearish change | -0.5% | -0.6% | ||
Manufacturing Production (MoM) | Bullish change | -1% | -0.6% | ||
GfK Consumer Confidence | Bullish change | -18 | -17 | ||
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 0.3% | -3.4% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |