United Kingdom Manufacturing Production YoY
Manufacturing production is a metric that measures the output of enterprises that operate in the manufacturing industry. It is the most important sector in the United Kingdom, accounting for 70% of total production. Food, drink, and tobacco (11% of total production), transport equipment (9%), basic metals (8%), other manufacturing and repair (6%), pharmaceutical products and preparations (6%), and rubber and plastic products and nonmetallic mineral products (6%) are the most important segments within Manufacturing.
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 |
|
|
1.2400 +19 pips |
1.2551 -170 pips |
1.23809 | |
| GBPJPY |
|
|
185.7728 -563 pips |
191.1119 +29 pips |
191.406 | |
| EURGBP |
|
|
0.8555 -45 pips |
0.8605 -5 pips |
0.85997 | |
| GBPCAD |
|
|
1.6872 -156 pips |
1.7131 -103 pips |
1.70285 | |
| GBPCHF |
|
|
1.1157 -109 pips |
1.1426 -160 pips |
1.12657 | |
| GBPNZD |
|
|
2.0837 -195 pips |
2.0829 +203 pips |
2.10316 | |
| GBPAUD |
|
|
1.9044 -259 pips |
1.9415 -112 pips |
1.93026 | |
| GBPNOK |
|
|
13.7225 +625 pips |
0 +136600 pips |
13.66000 | |
| GBPSEK |
|
|
13.3497 -1889 pips |
0 +135386 pips |
13.53860 | |
| GBPSGD |
|
|
1.6889 +28 pips |
1.7006 -145 pips |
1.68607 |
News (GBP)
UK Retail Sales Stable In March
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.
RTTNews | 11h 50min ago
UK Inflation Slows Less Than Forecast
UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England. Inflation weakened to 3.2 percent in March from 3.4 percent in February, the Office for National Statistics reported Wednesday.
RTTNews | 2 days ago
UK Unemployment Rate Rises; Wage Growth Slows
The increase in the UK unemployment rate and the marginal slowdown in wage growth in the three months to February suggest an easing of pressure in the labor market. The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January, the Office for National Statistics reported Tuesday. The rate was seen at 4.0 percent.
RTTNews | 3 days ago
