The five most important forex economic events affecting the British Pound.
1. Retail Sales
- What does it mean? Monitors the volume and value of retail sales, composed of food, non-specialized stores, clothing and footwear, household goods, non-store retailing, and other non-food.
- Release schedule: Every month.
- Importance: High impact expected in the forex market.
2. IP/Man P
- What does it mean? Output indexes of production industries, composed of mining, quarrying, oil and gas extraction, manufacturing, and electricity/gas/water supply
- Release schedule: Every month.
- Importance: Moderate to high impact expected in the forex market.
3. Harmonized Index of Consumer Prices (HICP)
- What does it mean? A measure of the change in prices for a fixed basket of goods & services for a typical consumer.
- Release schedule: Every month.
- Importance: Moderate to high impact expected in the forex market.
4. Royal Institute of Chartered Surveyors (RICS)
- What does it mean? The Royal Institution of Chartered Surveyors (RICS), a professional body representing property professionals and surveyors of all types, publishes a survey of U.K. housing.
- Release schedule: Every month.
- Importance: Moderate impact expected in the forex market.
5. U.K. Unemployment
- What does it mean? Unemployed individuals actively seeking work & claiming unemployment.
- Release schedule: Every month.
- Importance: Moderate impact expected in the forex market.
