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.
The consensus forecast for Average Earnings Excluding Bonus (3Mo/Yr) is 4.9%. 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 Average Earnings Excluding Bonus (3Mo/Yr) was 5.2% against a forecast of 5.4%.
Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | -0.3% | -0.1% | ||
Industrial Production (MoM) | Bearish change | -0.6% | -0.9% | ||
Manufacturing Production (MoM) | Bearish change | -0.7% | -1% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Labor Market |
Frequency: | Monthly |