Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Gross Domestic Product (YoY) was 1.5% against a forecast of 1.4%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | 0% | 0.5% | ||
Industrial Production (MoM) | Bullish change | -0.5% | 1.5% | ||
Manufacturing Production (MoM) | Bullish change | -1% | 2.2% |