Producer Price Index - Output (YoY) n.s.a
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Sep 16, 06:00 |
|
Producer Price Index - Output (YoY) n.s.a |
|
-0.9% | -0.7% | -0.9% |
Producer Price Index - Output (YoY) n.s.a
The Producer Price Index 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).
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