United Kingdom Services Output MoM

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Warum es wichtig ist

Releases like this help traders and economists follow the economy of the United Kingdom. The bigger the difference between the actual figure and what markets expected, the bigger the reaction in the pound sterling and local assets.

So wird gerechnet

The figure is compiled by the Office for National Statistics (ONS) (or the organisation that publishes it) from surveys, administrative records or market data.

Was Veränderungen bedeuten

• Compare the actual figure with the consensus and the previous release.
• Look at the trend over several releases rather than one number.

Eine kurze Geschichte

Official statistics expanded greatly in the 20th century as governments and central banks needed timely measures of the economy.

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