Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected market impact of this event is low.
The consensus forecast for Producer Price Index - Input (MoM) n.s.a is 0.2%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Producer Price Index - Input (MoM) n.s.a was -0.3% against a forecast of 0%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Input (MoM) n.s.a 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% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Inflation |
| Frequency: | Monthly |