Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
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Mar, 14 07:00 |
★★ |
Industrial Production
Industrial Production
A measure of the manufacturing output of the energy sector, factories, and mines. Industrial production is significant as a short-term indicator of the strength of UK industrial activity. Industry accounts for about a quarter of the overall GDP. Because industrial production accounts for most of the volatility in the GDP, foreknowledge of trends in manufacturing go a long way in forecasting UK output. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Pound. However, uncontrolled levels of production and consumption can spark inflation. In times of inflation the Bank of England may raise interest rates to control growth. |
0.5%; -1.9% | -0.1% | - | ||||||||||||||
Mar, 14 07:00 |
★★ |
Manufacturing Production
Manufacturing Production
The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling. |
0.7%; -1.4% | - | - | ||||||||||||||
Mar, 14 07:00 |
★★ |
Manufacturing Production
Manufacturing Production
The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling. |
0.7%; -1.4% | - | - | ||||||||||||||
Mar, 14 07:00 |
★★ |
Goods Trade Balance
Goods Trade Balance
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
|
-17.4 | -17.1 | - | ||||||||||||||
Mar, 14 07:00 |
★★ |
Goods Trade Balance
Goods Trade Balance
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
|
-17.4 | -17.1 | - |