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U.K. Index of Services

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U.K. Index of Services

Frequency

Delivery Method

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Status

 
Latest Release
Nov 15, 2024
Actual
0.1%
Forecast
0.2%
Previous
0.1%
The Index of Services measures the change in the total Gross Added Value (GAV) of the private and government services sector. GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Index of Services
 
Release Date Time Actual Forecast Previous
Nov 15, 2024 02:00 0.1% 0.2% 0.1%
Oct 11, 2024 01:00 0.1% 0.3% 0.4%
Sep 11, 2024 01:00 0.6% 0.6% 0.8%
Aug 15, 2024 01:00 0.8% 0.9% 1.1%
Jul 11, 2024 01:00 1.1% 1.0% 1.0%
Jun 12, 2024 01:00 0.9% 0.8% 0.7%

News

UK GDP Strengthens in Second Quarter
UK GDP Strengthens in Second Quarter By Investing.com - Aug 10, 2018

Investing.com - The UK economy saw growth bounce back in the second quarter, after a weak start to the year, official preliminary data showed on Friday. In a report, the Office for National...

UK Annual GDP Growth Meets Expectations at 1.2%
UK Annual GDP Growth Meets Expectations at 1.2% By Investing.com - Jun 29, 2018

Investing.com - Britain’s annual economic growth for the first quarter met consensus expectations, according to figures released by the Office for National Statistics on Friday. GDP grew by...

Analysis

Alex Boltyan
GBP/USD Climbs To Two-Week Highs Despite Weak UK Data By Alex Boltyan - Sep 12, 2022

The Cable started the week strongly amid a better mood across the markets. The GBP/USD pair gapped higher and stretched to its highest level since Aug. 30 despite weaker-than-anticipated U.K. data.At...

Index of Services Discussion

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All Comments (1)
yasser alrooby
yasser alrooby Jul 25, 2014 12:23AM ET
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GBP is currently oversold and it has to test the backside of the very long term bullish channel around price zone of 1.7010 - 1.7020. Buy at current price (1.6984 at this moment), tp. 1.7010, sl. 1.6937
 
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