Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for Average Earnings Excluding Bonus (3Mo/Yr) yet - check back for updates.
The most recent announced value for Average Earnings Excluding Bonus (3Mo/Yr) was 5.2% against a forecast of 5.4%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bearish change | 3.4% | 3.2% | ||
Gross Domestic Product (MoM) | Bearish change | 0.2% | -0.3% | ||
Industrial Production (MoM) | Bullish change | -0.7% | -0.6% | ||
Manufacturing Production (MoM) | Bearish change | -0.8% | -0.9% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 5.6% | 5.3% | ||
Claimant Count Change | Bearish change | -21.2K | 33.1K | ||
Claimant Count Rate | Bearish change | 4.4% | 4.5% | ||
Employment Change (3M) | Bearish change | 112K | 89K | ||
ILO Unemployment Rate (3M) | Bearish change | 4.5% | 4.6% | ||
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 6.8% | 0.6% |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Office for National Statistics |
Category: | Labor Market |
Frequency: | Monthly |