Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for GfK Consumer Confidence yet - check back for updates.
The most recent announced value for GfK Consumer Confidence was -19 against a forecast of -20.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Earnings Excluding Bonus (3Mo/Yr) | (no change) | 5% | 5% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 5% | 4.6% | ||
Claimant Count Change | Bearish change | -15.5K | -6.2K | ||
Claimant Count Rate | (no change) | 4.4% | 4.4% | ||
Employment Change (3M) | Bullish change | 134K | 239K | ||
ILO Unemployment Rate (3M) | (no change) | 4.7% | 4.7% | ||
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 2.7% | 1.8% | ||
BoE MPC Vote Rate Cut | Bearish change | 3 | 5 | ||
BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Growth from Knowledge |
Category: | Consumption |
Frequency: | Monthly |