A monthly survey of the prices of products purchased and sold by manufacturers in the United Kingdom serves as a key indicator of inflation by the Producer Price Index (PPI). When items are sold by UK manufacturers, they are sold at the factory gate price, also known as the output price. Taxes are not included in the cost of goods and services, which includes labor, raw materials, and energy, as well as interest on loans, site or building maintenance, or rent.
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 Change
Units:
Percent
Details
Impact
Low
Country
Currency
GBP
Latest Release
Previous
5.1%
Consensus
5.4%
Actual
5.9%
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 |
|
|
1.3498 -169 pips |
1.3758 -91 pips |
1.36668 | |
| GBPJPY |
|
|
147.0103 -274 pips |
150.7561 -101 pips |
149.75 | |
| EURGBP |
|
|
0.8548 -36 pips |
0.8678 -94 pips |
0.85838 | |
| GBPCAD |
|
|
1.7378 -90 pips |
1.7515 -47 pips |
1.74682 | |
| GBPCHF |
|
|
1.2590 -86 pips |
1.2769 -93 pips |
1.26757 | |
| GBPNZD |
|
|
1.9379 -83 pips |
1.9674 -212 pips |
1.94618 | |
| GBPAUD |
|
|
1.8638 -170 pips |
1.8938 -130 pips |
1.88082 | |
| GBPNOK |
|
|
12.0474 +1673 pips |
12.0612 -1811 pips |
11.88008 | |
| GBPSEK |
|
|
0 -118417 pips |
11.9576 -1159 pips |
11.84167 | |
| GBPSGD |
|
|
1.8488 +27 pips |
1.8573 -112 pips |
1.84612 |
