United Kingdom Industrial Production YoY
The output of enterprises that are included in the industrial sector of the economy is measured by Industrial production in the United Kingdom. The most important industry is manufacturing, accounting for 70% of overall production. Food, beverages, and tobacco (11% of total production), transportation equipment (9%), basic metals (8%), miscellaneous manufacturing and repair (6%), medical products and preparations (6%), rubber and plastic products and non-metallic mineral products (6%), are the most important segments within Manufacturing. Mining and quarrying account for 12% of total production, with oil and gas extraction, accounts for 10% of total production. 11% of total output is accounted for by electricity, gas, steam, and air conditioning, while 8% is accounted for by water supply, sewerage, and waste management.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.3182 -424 pips |
1.3541 +65 pips |
1.36060 | |
| GBPJPY |
|
|
194.8181 -548 pips |
199.0484 +125 pips |
200.301 | |
| EURGBP |
|
|
0.8587 -81 pips |
0.8671 -3 pips |
0.86679 | |
| GBPCAD |
|
|
1.8497 -262 pips |
1.8703 +56 pips |
1.87594 | |
| GBPCHF |
|
|
1.0765 +6 pips |
1.0893 -134 pips |
1.07586 | |
| GBPNZD |
|
|
2.2695 -328 pips |
2.1453 +1570 pips |
2.30226 | |
| GBPAUD |
|
|
2.0012 -518 pips |
2.0645 -115 pips |
2.05295 | |
| GBPNOK |
|
|
13.3712 -157 pips |
13.4562 -693 pips |
13.38690 | |
| GBPSEK |
|
|
12.7017 +260 pips |
12.8840 -2083 pips |
12.67570 | |
| GBPSGD |
|
|
1.7349 -68 pips |
1.7555 -138 pips |
1.74167 |
News (GBP)
UK Inflation Unchanged At 3.8%
U.K. consumer price inflation remained sticky in August on higher food prices, official data showed Wednesday, ahead of the policy announcement by the Bank of England on Thursday. The consumer price index rose 3.8 percent on a yearly basis in August, the same rate of increase as seen in July, the Office for National Statistics reported. Inflation matched economists' expectations and stood well ab
RTTNews | 16h 5min ago
UK Economy Flatlines In July
The UK economy stagnated in July, posing further challenges to Chancellor Rachel Reeves as any tax hikes or spending cuts would again dampens activity. Real gross domestic product showed no growth in July, as expected, after rising 0.4 percent in June, the Office for National Statistics reported Friday.
RTTNews | 5 days ago
UK House Prices Rise For Third Month: Halifax
UK house prices increased for the third straight month to hit the highest on record in August, data from the mortgage lender Halifax showed Friday. House prices grew 0.3 percent in August from a month ago. However, this was slightly weaker than the 0.4 percent increase in July. Prices increased for the third straight month and logged a faster-than- expected rise of 0.2 percent.
RTTNews | 12 days ago
