United Kingdom Economic Surprise Index
+3.6 ▼ vs 1w ago (+6.8)
United Kingdom economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+3.6
1 Week Ago
+6.8
Releases (90d)
195
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with FTSE 100 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Manufacturing Production MoM +3.14z
- Unemployment Rate +1.49z
- Industrial Production MoM +2.28z
- Employment Change +1.24z
- S&P Global Services PMI +1.12z
▼ Top Negative Surprises
- Retail Sales Ex Fuel MoM -1.81z
- Retail Sales MoM -0.88z
- House Price Index YoY -3.09z
- Consumer Confidence -1.06z
- Retail Sales Ex Fuel YoY -0.31z
All Releases — 90 Day Window (195 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-10-23 | Retail Sales Ex Fuel MoM | -0.7 | -0.1 | -1.806 | High | -123.49 |
| 2026-10-15 | Manufacturing Production MoM | 1.2 | -0.1 | +3.136 | Medium | +118.82 |
| 2026-10-20 | Unemployment Rate | 4.7 | 4.9 | +1.491 | High | +95.14 |
| 2026-10-15 | Industrial Production MoM | 0.8 | -0.1 | +2.278 | Medium | +86.34 |
| 2026-10-20 | Employment Change | 102.0 | 20.0 | +1.244 | High | +79.39 |
| 2026-10-23 | S&P Global Services PMI | 53.1 | 51.8 | +1.118 | High | +76.48 |
| 2026-10-23 | S&P Global Manufacturing PMI | 52.8 | 51.7 | +1.051 | High | +71.88 |
| 2026-10-15 | Gross Domestic Product MoM | 0.1 | -0.1 | +1.117 | High | +63.50 |
| 2026-10-23 | Retail Sales MoM | -0.4 | -0.1 | -0.884 | High | -60.48 |
| 2026-09-07 | House Price Index YoY | -0.4 | 0.1 | -3.092 | Medium | -48.69 |
| 2026-10-22 | Consumer Confidence | -24.0 | -15.0 | -1.062 | Medium | -47.33 |
| 2026-09-18 | Retail Sales Ex Fuel MoM | 0.6 | -0.2 | +1.204 | High | +36.67 |
| 2026-10-15 | Goods Trade Balance | -18.01 | -21.8 | +0.611 | High | +34.75 |
| 2026-09-18 | Retail Sales MoM | 0.5 | -0.2 | +1.032 | High | +31.43 |
| 2026-10-23 | S&P Global Composite PMI | 53.1 | 51.8 | +1.292 | Low | +29.45 |
| 2026-10-23 | Retail Sales Ex Fuel YoY | 0.8 | 1.5 | -0.306 | High | -20.90 |
| 2026-09-15 | Unemployment Rate | 4.9 | 5.0 | +0.731 | High | +20.77 |
| 2026-10-07 | House Price Index YoY | 0.0 | -0.2 | +0.618 | Medium | +19.48 |
| 2026-09-30 | Business Investment YoY | 5.2 | 0.8 | +1.431 | Low | +19.17 |
| 2026-09-15 | HMRC Payrolls Change | -26.0 | -4.0 | -1.912 | Low | -18.12 |
| 2026-10-21 | Inflation Rate MoM | 0.4 | 0.3 | -0.415 | Medium | -18.07 |
| 2026-10-15 | GDP 3-Month Avg | 0.7 | 0.5 | +0.462 | Medium | +17.52 |
| 2026-07-30 | BoE MPC Vote Hike | 3.0 | 2.0 | +2.692 | Medium | +17.22 |
| 2026-10-15 | NIESR Monthly GDP Tracker | 0.7 | 0.5 | +0.454 | Medium | +17.20 |
| 2026-10-01 | Nationwide Housing Prices YoY | 0.8 | 1.3 | -0.603 | Medium | -16.52 |
| 2026-10-15 | NIESR Monthly GDP Tracker | 0.7 | 0.4 | +0.851 | Low | +16.12 |
| 2026-10-21 | Core Inflation Rate YoY | 2.8 | 2.7 | -0.369 | Medium | -16.05 |
| 2026-10-15 | Industrial Production YoY | 1.6 | 0.7 | +0.814 | Low | +15.42 |
| 2026-09-11 | Manufacturing Production MoM | 0.9 | 0.2 | +0.844 | Medium | +14.58 |
| 2026-10-22 | CBI Industrial Trends Orders | -32.0 | -20.0 | -0.326 | Medium | -14.52 |
| 2026-10-20 | HMRC Payrolls Change | 13.0 | -15.0 | +0.649 | Low | +13.80 |
| 2026-10-21 | PPI Core Output MoM | 0.2 | 0.1 | -0.598 | Low | -13.02 |
| 2026-10-21 | Inflation Rate YoY | 3.5 | 3.4 | -0.198 | High | -12.90 |
| 2026-08-07 | Halifax House Price Index YoY | 0.1 | 0.4 | -1.653 | Medium | -12.72 |
| 2026-09-29 | M4 Money Supply MoM | 0.4 | 0.1 | +0.921 | Low | +12.05 |
| 2026-09-29 | BoE Consumer Credit | 2.464 | 1.9 | +0.436 | Medium | +11.42 |
| 2026-08-18 | Unemployment Rate | 4.9 | 4.8 | -0.761 | High | -11.33 |
| 2026-09-11 | Industrial Production YoY | 0.6 | 0.2 | +1.266 | Low | +10.94 |
| 2026-10-27 | BRC Shop Price Index YoY | 2.1 | 1.6 | -0.402 | Low | -10.06 |
| 2026-10-06 | S&P Global Construction PMI | 46.1 | 45.2 | +0.325 | Medium | +10.02 |
| 2026-09-01 | Mortgage Approvals | 56.05 | 59.4 | -0.684 | Medium | -9.38 |
| 2026-09-16 | PPI Output MoM | 0.7 | 0.3 | -0.955 | Low | -9.26 |
| 2026-10-15 | Balance of Trade | -0.92 | -3.6 | +0.478 | Low | +9.05 |
| 2026-09-22 | CBI Industrial Trends Orders | -9.0 | -34.0 | +0.400 | Medium | +8.90 |
| 2026-09-11 | Industrial Production MoM | 0.2 | -0.2 | +0.506 | Medium | +8.75 |
| 2026-10-26 | CBI Distributive Trades | -10.0 | -47.0 | +0.177 | Medium | +8.65 |
| 2026-09-18 | Retail Sales Ex Fuel YoY | 2.7 | 1.9 | +0.276 | High | +8.40 |
| 2026-09-04 | S&P Global Construction PMI | 44.3 | 45.8 | -0.535 | Medium | -7.86 |
| 2026-09-24 | Consumer Confidence | -13.0 | -16.0 | +0.332 | Medium | +7.74 |
| 2026-10-23 | Retail Sales YoY | 0.8 | 1.0 | -0.109 | High | -7.43 |
| 2026-08-19 | Core Inflation Rate MoM | 0.2 | 0.1 | -1.364 | Low | -6.92 |
| 2026-08-13 | Industrial Production MoM | -0.2 | 0.1 | -0.759 | Medium | -6.71 |
| 2026-09-29 | Mortgage Approvals | 54.92 | 56.1 | -0.255 | Medium | -6.68 |
| 2026-09-11 | GDP 3-Month Avg | 0.4 | 0.3 | +0.385 | Medium | +6.66 |
| 2026-09-30 | GDP Growth Rate YoY | 1.4 | 1.2 | +0.495 | Low | +6.63 |
| 2026-09-11 | NIESR Monthly GDP Tracker | 0.4 | 0.3 | +0.378 | Medium | +6.53 |
| 2026-10-22 | CBI Business Optimism Index | -27.0 | -38.0 | +0.146 | Medium | +6.48 |
| 2026-08-18 | HMRC Payrolls Change | -13.0 | 5.0 | -1.252 | Low | -6.21 |
| 2026-09-30 | Current Account | -19.9 | -24.7 | +0.224 | Medium | +6.01 |
| 2026-08-13 | Business Investment QoQ | 1.7 | -0.5 | +0.667 | Medium | +5.90 |
| 2026-08-31 | BRC Shop Price Index YoY | 1.5 | 0.9 | -0.859 | Low | -5.75 |
| 2026-09-30 | GDP Growth Rate QoQ | 0.5 | 0.4 | +0.428 | Low | +5.73 |
| 2026-08-13 | Industrial Production YoY | -0.2 | 0.2 | -1.266 | Low | -5.60 |
| 2026-09-11 | Goods Trade Balance | -20.97 | -22.3 | +0.210 | High | +5.43 |
| 2026-10-05 | S&P Global Services PMI | 52.1 | 51.7 | +0.345 | Low | +5.18 |
| 2026-09-01 | Nationwide Housing Prices YoY | 1.6 | 2.1 | -0.373 | Medium | -5.11 |
| 2026-10-15 | Gross Domestic Product YoY | 2.1 | 1.7 | +0.264 | Low | +4.99 |
| 2026-09-07 | House Price Index MoM | -0.2 | 0.2 | -0.316 | Medium | -4.98 |
| 2026-10-07 | House Price Index MoM | 0.0 | 0.2 | -0.158 | Medium | -4.98 |
| 2026-10-12 | BRC Retail Sales Monitor YoY | 1.0 | 0.7 | +0.089 | High | +4.70 |
| 2026-08-13 | Goods Trade Balance Non-EU | -10.45 | -9.3 | -0.351 | High | -4.66 |
| 2026-07-29 | Net Lending to Individuals | 9.5 | 5.5 | +1.461 | Low | +4.57 |
| 2026-10-05 | S&P Global Composite PMI | 52.0 | 51.7 | +0.299 | Low | +4.49 |
| 2026-09-15 | Claimant Count Change | 27.8 | 8.3 | -0.469 | Low | -4.45 |
| 2026-09-01 | Nationwide Housing Prices MoM | 0.2 | 0.1 | +0.322 | Medium | +4.41 |
| 2026-09-18 | Retail Sales YoY | 2.4 | 1.9 | +0.143 | High | +4.35 |
| 2026-09-01 | Net Lending to Individuals | 6.3 | 9.2 | -0.633 | Low | -4.34 |
| 2026-08-20 | Consumer Confidence | -14.0 | -18.0 | +0.394 | Medium | +4.09 |
| 2026-08-19 | Core Inflation Rate YoY | 2.6 | 2.5 | -0.398 | Medium | -4.04 |
| 2026-08-13 | Goods Trade Balance | -23.01 | -20.5 | -0.431 | Medium | -3.81 |
| 2026-07-29 | Mortgage Lending | 7.73 | 3.95 | +0.608 | Medium | +3.80 |
| 2026-09-03 | S&P Global Services PMI | 52.5 | 52.8 | -0.253 | Medium | -3.64 |
| 2026-08-13 | GDP Growth Rate YoY | 1.2 | 1.1 | +0.270 | High | +3.58 |
| 2026-08-07 | House Price Index YoY | 0.1 | 0.4 | -0.464 | Medium | -3.57 |
| 2026-10-07 | RICS House Price Balance | -32.0 | -30.0 | -0.112 | Medium | -3.53 |
| 2026-09-16 | Retail Price Index YoY | 3.4 | 3.5 | +0.362 | Low | +3.51 |
| 2026-10-21 | House Price Index YoY | 0.9 | 1.2 | -0.155 | Low | -3.36 |
| 2026-09-11 | Gross Domestic Product YoY | 1.6 | 1.2 | +0.373 | Low | +3.23 |
| 2026-08-13 | Manufacturing Production MoM | -0.5 | -0.2 | -0.362 | Medium | -3.20 |
| 2026-07-29 | M4 Money Supply MoM | 0.8 | 0.2 | +0.921 | Low | +2.88 |
| 2026-09-29 | Net Lending to Individuals | 6.874 | 6.2 | +0.218 | Low | +2.86 |
| 2026-10-20 | Average Earnings excl. Bonus | 3.7 | 3.6 | +0.133 | Low | +2.83 |
| 2026-09-01 | M4 Money Supply MoM | -0.3 | 0.9 | -0.409 | Low | -2.81 |
| 2026-08-26 | CBI Distributive Trades | -48.0 | -24.0 | -0.225 | Medium | -2.68 |
| 2026-09-09 | RICS House Price Balance | -28.0 | -31.0 | +0.162 | Medium | +2.68 |
| 2026-10-15 | Manufacturing Production YoY | 3.0 | 2.3 | +0.139 | Low | +2.64 |
| 2026-09-01 | S&P Global Manufacturing PMI | 51.7 | 51.5 | +0.192 | Medium | +2.63 |
| 2026-08-13 | NIESR Monthly GDP Tracker | 0.2 | 0.4 | -0.567 | Low | -2.51 |
| 2026-10-20 | Average Earnings incl. Bonus | 3.7 | 3.8 | -0.058 | Medium | -2.45 |
| 2026-10-20 | Claimant Count Change | 30.3 | 19.4 | -0.112 | Low | -2.39 |
| 2026-10-21 | PPI Output YoY | 4.6 | 4.3 | -0.108 | Low | -2.35 |
| 2026-09-01 | BoE Consumer Credit | 2.006 | 1.8 | +0.168 | Medium | +2.31 |
| 2026-10-07 | BBA Mortgage Rate | 6.58 | 6.6 | +0.147 | Low | +2.31 |
| 2026-10-21 | PPI Output MoM | 0.8 | 0.7 | -0.102 | Low | -2.23 |
| 2026-08-07 | Halifax House Price Index MoM | 0.0 | 0.1 | -0.278 | Medium | -2.14 |
| 2026-08-20 | CBI Industrial Trends Orders | -25.0 | -40.0 | +0.204 | Medium | +2.12 |
| 2026-08-26 | Car Production YoY | -10.6 | 1.0 | -0.350 | Low | -2.09 |
| 2026-08-13 | Business Investment YoY | 0.8 | -1.0 | +0.468 | Low | +2.07 |
| 2026-08-13 | Construction Orders YoY | -18.1 | 11.8 | -0.468 | Low | -2.07 |
| 2026-09-16 | House Price Index YoY | 1.4 | 2.1 | -0.206 | Low | -2.00 |
| 2026-08-18 | Claimant Count Change | -11.0 | 11.2 | +0.396 | Low | +1.96 |
| 2026-08-19 | Retail Price Index YoY | 3.2 | 3.3 | +0.384 | Low | +1.95 |
| 2026-09-07 | BRC Retail Sales Monitor YoY | 0.5 | 1.2 | -0.121 | Medium | -1.90 |
| 2026-08-13 | Gross Domestic Product YoY | 1.1 | 0.8 | +0.420 | Low | +1.86 |
| 2026-10-21 | PPI Core Output YoY | 2.9 | 2.8 | -0.084 | Low | -1.83 |
| 2026-09-16 | PPI Output YoY | 3.7 | 3.3 | -0.188 | Low | -1.82 |
| 2026-07-30 | BoE MPC Vote Unchanged | 6.0 | 7.0 | -0.278 | Medium | -1.78 |
| 2026-08-18 | Employment Change | 83.0 | 200.0 | -0.178 | Medium | -1.76 |
| 2026-08-21 | Retail Sales YoY | 1.6 | 2.2 | -0.148 | Medium | -1.57 |
| 2026-09-16 | PPI Core Output YoY | 2.7 | 2.9 | +0.162 | Low | +1.57 |
| 2026-08-13 | Balance of Trade | -5.537 | -3.6 | -0.345 | Low | -1.53 |
| 2026-10-21 | PPI Input YoY | 8.3 | 7.2 | -0.070 | Low | -1.53 |
| 2026-07-29 | Mortgage Approvals | 58.2 | 57.1 | +0.234 | Medium | +1.46 |
| 2026-09-16 | PPI Core Output MoM | 0.3 | 0.4 | +0.150 | Low | +1.45 |
| 2026-09-16 | Retail Price Index MoM | 0.6 | 0.7 | +0.148 | Low | +1.43 |
| 2026-08-13 | Gross Domestic Product YoY | 1.2 | 1.1 | +0.102 | High | +1.35 |
| 2026-08-19 | Retail Price Index MoM | 0.6 | 0.8 | +0.258 | Low | +1.31 |
| 2026-09-22 | Public Sector Net Borrowing | -18.3 | -15.7 | +0.116 | Low | +1.30 |
| 2026-10-01 | S&P Global Manufacturing PMI | 51.9 | 52.0 | -0.095 | Low | -1.30 |
| 2026-08-21 | Retail Sales Ex Fuel MoM | -0.9 | -0.5 | -0.241 | Low | -1.28 |
| 2026-08-07 | House Price Index MoM | 0.0 | 0.1 | -0.158 | Medium | -1.22 |
| 2026-08-13 | Manufacturing Production YoY | 0.5 | 1.2 | -0.267 | Low | -1.18 |
| 2026-09-11 | Manufacturing Production YoY | 2.6 | 2.0 | +0.137 | Low | +1.18 |
| 2026-09-07 | BBA Mortgage Rate | 6.58 | 6.6 | +0.147 | Low | +1.16 |
| 2026-08-18 | Labour Productivity QoQ | -0.8 | -0.5 | -0.224 | Low | -1.11 |
| 2026-09-28 | BRC Shop Price Index YoY | 1.4 | 1.5 | +0.086 | Low | +1.10 |
| 2026-08-21 | Retail Sales Ex Fuel YoY | 2.3 | 3.3 | -0.198 | Low | -1.06 |
| 2026-09-16 | PPI Input MoM | 0.3 | 0.4 | +0.091 | Low | +0.89 |
| 2026-08-13 | Construction Output MoM | -0.1 | -0.3 | +0.192 | Low | +0.85 |
| 2026-09-11 | Balance of Trade | -3.45 | -4.0 | +0.088 | Low | +0.76 |
| 2026-08-18 | Average Earnings excl. Bonus | 3.5 | 3.4 | +0.141 | Low | +0.70 |
| 2026-08-19 | PPI Core Output MoM | 0.6 | 0.5 | -0.120 | Low | -0.61 |
| 2026-08-19 | PPI Input YoY | 4.9 | 6.6 | +0.118 | Low | +0.60 |
| 2026-09-01 | Mortgage Lending | 4.29 | 4.6 | -0.043 | Medium | -0.59 |
| 2026-07-29 | BoE Consumer Credit | 1.807 | 1.7 | +0.093 | Medium | +0.58 |
| 2026-09-16 | PPI Input YoY | 6.1 | 5.4 | -0.059 | Low | -0.58 |
| 2026-08-10 | BRC Retail Sales Monitor YoY | 1.0 | 1.5 | -0.069 | Medium | -0.57 |
| 2026-07-31 | Nationwide Housing Prices YoY | 1.8 | 1.9 | -0.082 | Medium | -0.54 |
| 2026-09-24 | CBI Distributive Trades | -55.0 | -50.0 | -0.022 | Medium | -0.52 |
| 2026-10-21 | PPI Input MoM | 1.5 | 1.6 | +0.023 | Low | +0.50 |
| 2026-08-12 | RICS House Price Balance | -30.0 | -31.0 | +0.054 | Medium | +0.47 |
| 2026-08-19 | PPI Core Output YoY | 2.8 | 2.7 | -0.087 | Low | -0.44 |
| 2026-10-21 | Public Sector Net Borrowing | -24.5 | -23.9 | +0.018 | Low | +0.38 |
| 2026-09-15 | Employment Change | 67.0 | 70.0 | -0.013 | High | -0.37 |
| 2026-10-15 | Construction Output YoY | -1.8 | -1.6 | -0.019 | Low | -0.36 |
| 2026-08-19 | PPI Output YoY | 3.1 | 3.2 | +0.048 | Low | +0.25 |
| 2026-08-19 | House Price Index YoY | 2.0 | 1.9 | +0.033 | Low | +0.17 |
| 2026-08-05 | New Car Sales YoY | 11.7 | 10.0 | +0.041 | Low | +0.15 |
| 2026-07-29 | Car Production YoY | -1.2 | -0.5 | -0.042 | Low | -0.13 |
| 2026-09-30 | Business Investment QoQ | 1.8 | 1.7 | +0.009 | Low | +0.12 |
| 2026-09-11 | Construction Output YoY | -2.5 | -2.3 | -0.013 | Low | -0.11 |
| 2026-09-29 | Mortgage Lending | 4.41 | 4.4 | +0.001 | Medium | +0.04 |
| 2026-08-13 | Construction Output YoY | -2.3 | -2.4 | +0.006 | Low | +0.03 |
| 2026-10-02 | New Car Sales YoY | 12.1 | 12.0 | +0.002 | Low | +0.03 |
| 2026-07-30 | Interest Rate Decision | 3.75 | 3.75 | +0.000 | High | +0.00 |
| 2026-07-30 | BoE Interest Rate Decision | 3.75 | 3.75 | +0.000 | High | +0.00 |
| 2026-07-31 | Nationwide Housing Prices MoM | 0.1 | 0.1 | +0.000 | Medium | +0.00 |
| 2026-08-07 | BBA Mortgage Rate | 6.6 | 6.6 | -0.000 | Low | -0.00 |
| 2026-08-13 | GDP Growth Rate QoQ | 0.4 | 0.4 | +0.000 | High | +0.00 |
| 2026-08-13 | NIESR Monthly GDP Tracker | 0.4 | 0.4 | +0.000 | Medium | +0.00 |
| 2026-08-13 | Gross Domestic Product QoQ | 0.4 | 0.4 | +0.000 | High | +0.00 |
| 2026-08-13 | GDP 3-Month Avg | 0.4 | 0.4 | +0.000 | Medium | +0.00 |
| 2026-08-18 | Average Earnings incl. Bonus | 4.1 | 4.1 | +0.000 | Medium | +0.00 |
| 2026-08-19 | Inflation Rate MoM | 0.3 | 0.3 | -0.000 | Medium | -0.00 |
| 2026-08-19 | CPI MoM | 0.3 | 0.3 | -0.000 | Medium | -0.00 |
| 2026-08-19 | PPI Output MoM | 0.2 | 0.2 | -0.000 | Low | -0.00 |
| 2026-08-19 | CPI YoY | 2.9 | 2.9 | -0.000 | High | -0.00 |
| 2026-08-19 | Inflation Rate YoY | 2.9 | 2.9 | -0.000 | High | -0.00 |
| 2026-08-21 | Retail Sales MoM | -0.5 | -0.5 | +0.000 | High | +0.00 |
| 2026-09-03 | S&P Global Composite PMI | 52.5 | 52.5 | +0.000 | Medium | +0.00 |
| 2026-09-11 | Construction Output MoM | 0.1 | 0.1 | +0.000 | Low | +0.00 |
| 2026-09-15 | Average Earnings excl. Bonus | 3.5 | 3.5 | +0.000 | Low | +0.00 |
| 2026-09-15 | Average Earnings incl. Bonus | 3.9 | 3.9 | +0.000 | Medium | +0.00 |
| 2026-09-16 | Core Inflation Rate MoM | 0.3 | 0.3 | -0.000 | Low | -0.00 |
| 2026-09-16 | Inflation Rate MoM | 0.5 | 0.5 | -0.000 | Medium | -0.00 |
| 2026-09-16 | Inflation Rate YoY | 3.1 | 3.1 | -0.000 | High | -0.00 |
| 2026-09-16 | Core Inflation Rate YoY | 2.6 | 2.6 | -0.000 | Medium | -0.00 |
| 2026-09-17 | BoE MPC Vote Hike | 39.0 | 39.0 | +0.000 | Medium | +0.00 |
| 2026-09-17 | BoE Interest Rate Decision | 3.75 | 3.75 | +0.000 | High | +0.00 |
| 2026-09-17 | BoE MPC Vote Cut | 9.0 | 9.0 | +0.000 | Medium | +0.00 |
| 2026-09-17 | Interest Rate Decision | 3.75 | 3.75 | +0.000 | High | +0.00 |
| 2026-09-17 | BoE MPC Vote Unchanged | 69.0 | 69.0 | +0.000 | Medium | +0.00 |
| 2026-10-21 | Retail Price Index MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-10-21 | Retail Price Index YoY | 3.9 | 3.9 | -0.000 | Low | -0.00 |
| 2026-10-21 | Core Inflation Rate MoM | 0.2 | 0.2 | -0.000 | Low | -0.00 |