Friday, 5 March 2010

UK PPI Input m/m will be released today:

The report will be announced at 9:30 a.m. GMT. It's a leading indicator of consumer inflation. The forecast is 0.1% and we should see higher number that this to be in favor of the British currency. On the previous report on Feb 5, 2010 the forecast was 0.7% and the actual report number was 2.0% which was positive for the GBP.