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 GfK Consumer Confidence yet - check back for updates.
The most recent announced value for GfK Consumer Confidence was -18 against a forecast of -20.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence 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% | ||
Gross Domestic Product (QoQ) | (no change) | 0.7% | 0.7% | ||
Gross Domestic Product (YoY) | (no change) | 1.3% | 1.3% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Growth from Knowledge |
Category: | Consumption |
Frequency: | Monthly |