Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for Producer Price Index - Output (MoM) n.s.a yet - check back for updates.
The most recent announced value for Producer Price Index - Output (MoM) n.s.a was 0.5% against a forecast of 0.2%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (MoM) n.s.a result:
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Inflation |
Frequency: | Monthly |