Open a free practice account and experience the Forex market risk-free with exclusive access to VT Trader™ 2.0.
Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.
|
Actual | Forecast | Previous | Revised Form | |
| 58.4 | 55.0 | 54.5 | N/A | ||
|
For February
From the Release: "Growth of the UK service sector recovered in February from January’s snow-related slowdown, rebounding markedly to the strongest for over three years. Higher activity was closely linked to a steeper gain in new business, amid reports of strengthened market conditions. Latest data also suggested that productivity continued to improve as employment again fell modestly. However, average input costs continued to rise markedly, offset only slightly by a marginal increase in output charges" |
|||||
| 6/3 | 7/3 | 8/5 | 9/3 | 10/5 | 11/4 | 12/3 | 1/6 | 2/3 | 3/3 | ||
| Actual | 51.7 | 51.6 | 53.2 | 54.1 | 55.3 | 56.9 | 56.6 | 56.8 | 54.4 | 58.4 | |
| Forecast | 49.4 | 51.7 | 51.9 | 53.9 | 54.6 | 55.4 | 57.1 | 56.8 | 56.6 | 55.0 | |
| Previous | 49.7 | 51.7 | 51.6 | 53.2 | 54.1 | 55.3 | 56.9 | 56.6 | 56.8 | 54.5 | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
|
Actual | Forecast | Previous | Revised Form | |
| 0.5% | 0.2% | 0.1% | N/A | ||
|
For the 3 months through December
Provided by: Office of National Statistics |
|||||
| 5/22 | 7/1 | 7/24 | 8/28 | 9/30 | 10/23 | 11/25 | 12/23 | 1/26 | 2/26 | ||
| Actual | -1.2% | -1.2% | -1.0% | -0.6% | -0.2% | -0.1% | -0.1% | -0.2% | 0.1% | 0.5% | |
| Forecast | -1.2% | 0.2% | 0.1% | -0.6% | -0.5% | 0.1% | 0.0% | 0.3% | 0.4% | 0.2% | |
| Previous | -1.3% | -1.6% | -1.2% | -1.0% | -0.6% | -0.2% | -0.1% | -0.2% | -0.2% | 0.1% | |
| Revised From | -1.2% | -1.2% | N/A | N/A | N/A | N/A | N/A | -0.1% | N/A | N/A | |
|
Actual | Forecast | Previous | Revised Form | |
| 54.4 | 56.6 | 56.8 | N/A | ||
|
For January
From the Release: "UK service sector growth stalled at the start of 2010 as snow-related disruptions undermined activity and new business. Rates of expansion of both variables were the slowest for five months, while there was a further (albeit modest) decline in employment.
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 0.1% | 0.4% | -0.2% | N/A | ||
|
For the 3 months through November
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 56.8 | 56.8 | 56.6 | N/A | ||
|
For December
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.2% | 0.3% | -0.2% | -0.1% | ||
|
For the 3 months through October
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 56.6 | 57.1 | 56.9 | N/A | ||
|
For November
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.1% | 0.0% | -0.1% | N/A | ||
|
For the 3 months through September
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 56.9 | 55.4 | 55.3 | N/A | ||
|
For October
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.1% | 0.1% | -0.2% | N/A | ||
|
For the 3 months through August
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 55.3 | 54.6 | 54.1 | N/A | ||
|
For September
The UK services sector expanded at its fastest pace in 2 years in September with the services PMI climbing to 55.3. In addition firms were more optimistic about the next 12 months than at any time since April 2007. The data counters weak manufacturing and construction reports for the September period, though it does suggest that growth returned to the economy as the services sector makes up a bigger portion of the overall economy. The data also shows that the Bank of England attempts to stimulate and prop up the economy though its quantitative easing policy may be bearing fruit. The expectations index rose to 75.0 from 72.3, the new orders index rose at its quickest rate in 19 months, job losses continued to a 17th consecutive month, while prices continued to drop increasing the period of deflation to 11 months. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.2% | -0.5% | -0.6% | N/A | ||
|
For the 3 months through July
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 54.1 | 53.9 | 53.2 | N/A | ||
|
For July
The UK services sector remained in expansionary territory, with the PMI index rising to 54.1. That is the highest the index has been in nearly two years. There was a solid gain in new business, though part of that was driven by ongoing price discounting. There was also an increase in work on existing contracts and backlogs fell at a steep and accelerated rate. Expectations for the coming year moved to a two-year high. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.6% | -0.6% | -1.0% | N/A | ||
| Provided by: Office of National Statistics | |||||
|
Actual | Forecast | Previous | Revised Form | |
| 53.2 | 51.9 | 51.6 | N/A | ||
|
For July
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -1.0% | 0.1% | -1.2% | N/A | ||
| Provided by: Office of National Statistics | |||||
|
Actual | Forecast | Previous | Revised Form | |
| 51.6 | 51.7 | 51.7 | N/A | ||
|
For June
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -1.2% | 0.2% | -1.6% | -1.2% | ||
|
3 Months Through April
Provided by: Office of National Statistics |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 51.7 | 49.4 | 49.7 | N/A | ||
|
For May
The UK services PMI rose above 50 for the first time in a year in May, climbing to 51.7. That result surprised forecasts that had called for another month of contraction. Its another data point that suggests the UK economy has passed the worst of its recession. The housing market has seen prices stabilize somewhat and mortgage lending increase, while consumer confidence is rebounding as well. The manufacturing and construction sector PMI's for May hit 12-month and 13-month highs respectively. All of this positive news has boosted the value of the Pound, which has hit its highest level against the Euro and Dollar in half a year, though today the GBP/USD pair saw a strong pullback from the 1.6660 area. The Bank of England meets tomorrow and will likely take a wait and see approach, which means they will not expand their 125 billion pound asset-purchase plan. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -1.2% | -1.2% | -1.3% | -1.2% | ||
|
3 Months Through Mar
|
|||||
