Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Industrial Production (MoM) was -0.5% against a forecast of -0.1%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
| BoE MPC Vote Rate Hike | Bullish change | 2 | 3 | ||
| S&P Global Composite PMI | Bullish change | 49.3 | 52.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 52.5 | 52.8 | ||
| S&P Global Services PMI | Bullish change | 48.8 | 51.8 | ||
| Retail Sales (MoM) | Bearish change | 1.2% | 1% | ||
| Retail Sales (YoY) | Bullish change | 3.5% | 4.2% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 1.2% | 1.1% | ||
| Retail Sales ex-Fuel (YoY) | Bullish change | 4.9% | 5.4% | ||
| GfK Consumer Confidence | Bullish change | -23 | -17 | ||
| Consumer Price Index (MoM) | Bearish change | 0.2% | 0.1% | ||
| Consumer Price Index (YoY) | Bearish change | 2.8% | 2.6% | ||
| Core Consumer Price Index (YoY) | (no change) | 2.6% | 2.6% | ||
| PPI Core Output (MoM) n.s.a | Bearish change | 0.7% | 0.5% | ||
| PPI Core Output (YoY) n.s.a | Bullish change | 2.3% | 2.6% | ||
| Producer Price Index - Output (MoM) n.s.a | Bearish change | 0.3% | 0% | ||
| Producer Price Index - Output (YoY) n.s.a | Bearish change | 3.7% | 3.5% | ||
| Retail Price Index (MoM) | Bullish change | 0.2% | 0.3% | ||
| Retail Price Index (YoY) | Bearish change | 3.1% | 3% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Economic Activity |
| Frequency: | Monthly |