Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx 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 -0.3% 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 - Output (MoM) n.s.a result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | 0% | 0.2% | ||
Industrial Production (MoM) | Bullish change | -0.7% | 0.5% | ||
Manufacturing Production (MoM) | Bullish change | -1.2% | 1.1% | ||
BRC Like-For-Like Retail Sales (YoY) | Bullish change | 0.8% | 1.7% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.5% | ||
Gross Domestic Product (YoY) | Bearish change | 0.9% | 0.7% |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Office for National Statistics |
Category: | Inflation |
Frequency: | Monthly |