United Kingdom Services Output MoM

Latest figures

No results of this release are shown yet. They appear here as soon as they are published.

See it in the economic calendar →

Why it matters

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.

How it is calculated

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

What changes mean

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

A short history

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

Questions