The Producer Price Index (PPI) in the UK is a monthly poll that examines the changes in the prices of goods purchased and sold by manufacturers, and it is a key indicator of inflation in the country. The factory gate price (also known as the output price) is the price at which items are sold by manufacturers in the United Kingdom. It comprises costs such as labor, raw materials, and energy, as well as interest on loans, site or building maintenance, and rent, but excludes taxes.
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.
Source:
Office for National Statistics
Category:
Producer Prices
Units:
Percent
Details
Impact
Low
Country
Currency
GBP
Latest Release
Previous
0.8%
Consensus
0.4%
Actual
0.7%
Next Release
Date
Oct 20, 03:00
Time left
28 days
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 |
|
|
1.3496 -172 pips |
1.3758 -90 pips |
1.36679 | |
| GBPJPY |
|
|
146.9755 -279 pips |
150.7524 -98 pips |
149.768 | |
| EURGBP |
|
|
0.8548 -35 pips |
0.8678 -95 pips |
0.85826 | |
| GBPCAD |
|
|
1.7380 -97 pips |
1.7516 -39 pips |
1.74772 | |
| GBPCHF |
|
|
1.2590 -89 pips |
1.2770 -91 pips |
1.26795 | |
| GBPNZD |
|
|
1.9376 -92 pips |
1.9671 -203 pips |
1.94681 | |
| GBPAUD |
|
|
1.8639 -181 pips |
1.8939 -119 pips |
1.88196 | |
| GBPNOK |
|
|
12.0474 +1679 pips |
12.0612 -1817 pips |
11.87947 | |
| GBPSEK |
|
|
0 -118427 pips |
11.9576 -1149 pips |
11.84272 | |
| GBPSGD |
|
|
1.8489 +27 pips |
1.8573 -111 pips |
1.84617 |
