Low impact
UK September unadjusted output PPI rose 4.6% year-on-year, above the 4.3% forecast, while the prior figure was revised up from 3.70% to 3.8%.
Jin1010/21, 01:00 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
GBP
Would push up
DaysMedium confidence
Hotter PPI and upward prior revision could reinforce expectations of a firmer BoE policy stance if confirmed by CPI
What could change this
If the same-day UK CPI reading comes in soft, the pipeline-inflation signal from PPI would carry less weight for policy expectations.
GBP/USD before and after this story
1.3378-0.17%vs previous close
+0.04%
since this story
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