|Mar 21, 09:30||Producer Price Index - Output (MoM) n.s.a||0.6%||0.3%||0.2%|
Producer Price Index - Output (MoM) n.s.a
The Producer Price Index Out released by the National Statistics is a monthly measurement of the price changes of goods produced by UK manufacturers. Generally speaking, a price hike generates higher retail prices for consumers. Thus, a high reading is positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).
Live Economic Forex Calendar >>