Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for ILO Unemployment Rate (3M) was 5.2% against a forecast of 5.3%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next ILO Unemployment Rate (3M) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 0.1% | 0.1% | ||
| Gross Domestic Product (YoY) | (no change) | 1% | 1% | ||
| Retail Sales (MoM) | Bearish change | 2% | -0.4% | ||
| Retail Sales (YoY) | Bearish change | 4.8% | 2.5% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 2.2% | -0.4% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 5.9% | 3.4% | ||
| GfK Consumer Confidence | Bearish change | -19 | -21 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |