The typical/expected market impact of this event is low.
The consensus forecast for Total Business Investment (QoQ) is 1.1%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Total Business Investment (QoQ) was -2.5% against a forecast of -2.7%.
Other recent announcements which may affect the market's interpretation of the next Total Business Investment (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 3.1% | -3.4% | ||
| BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
| BoE MPC Vote Rate Hike | Bullish change | 0 | 1 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Economic Activity |
| Frequency: | Quarterly |