The typical/expected impact on GBP pairs is medium.
The consensus forecast for Retail Price Index (YoY) is 3.4%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Retail Price Index (YoY) was 3.6% against a forecast of 3.3%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Price Index (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bearish change | 2.8% | 2.7% | ||
Gross Domestic Product (MoM) | (no change) | 0% | 0% | ||
Industrial Production (MoM) | Bearish change | 0.8% | -0.8% | ||
Manufacturing Production (MoM) | Bearish change | 1.1% | -1% | ||
Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 5.4% | 5.1% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 4.6% | 4% | ||
Claimant Count Change | Bullish change | 102.3K | 23.7K | ||
Claimant Count Rate | Bearish change | 4.6% | 4.7% | ||
Employment Change (3M) | Bullish change | 97K | 265K | ||
ILO Unemployment Rate (3M) | Bullish change | 4.2% | 4.1% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Inflation |
Frequency: | Monthly |