Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May, 15 02:30 |
★ |
Participation Rate
Participation Rate
A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases. |
66.8% | - | - | ||||||||||||||
May, 15 07:00 |
★★★ |
GDP
GDP
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
0.5%; 0.6% | 0.0% | - | ||||||||||||||
May, 15 07:00 |
★★★ |
GDP
GDP
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
0.1%; 1.5% | 0.6% | - | ||||||||||||||
May, 15 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. |
1.5%; 0.1% | -0.6% | - | ||||||||||||||
May, 15 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. |
2.2%; 0.3% | -0.8% | - |