Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected market impact of this event is low.
There is no forecast value for Industrial Production (YoY) yet - check back for updates.
The most recent announced value for Industrial Production (YoY) was -0.3% against a forecast of -0.2%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Industrial Production (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | (no change) | 0.7% | 0.7% | ||
Gross Domestic Product (YoY) | (no change) | 1.3% | 1.3% | ||
S&P Global Composite PMI | Bullish change | 50.3 | 50.7 | ||
S&P Global Manufacturing PMI | Bullish change | 46.4 | 47.7 | ||
S&P Global Services PMI | Bullish change | 50.9 | 51.3 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Economic Activity |
Frequency: | Monthly |