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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Leading Indicator MoM fell to -1.77% in April 2026
FMPMonthlyReleased May 2026
Argentina Leading Indicator MoM fell to -1.77% in April 2026, released May 2026, down 2.6% from March's 0.83% reading. The reading missed the 0.5% consensus by 2.27%. Leading Indicator MoM has now declined for 3 consecutive months. Over the past 3 months, Leading Indicator MoM averaged 1.0%, vs -1.5% in the prior 3-month window. The reading is in the 13th percentile of the trailing 24-month range.
Latest Release
-1.77
Actual
0.5
Consensus
0.83
Previous
Median Absolute Error
±1.54 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 0.94
Actual: -1.77
Error: +2.71
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Leading Indicator MoM (Argentina) was reported at -1.77% in May 2026. This missed the market consensus of 0.5% by 2.27%. The reading fell from the previous value of 0.83%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -0.44%, ranging from -4.72% to 5.97% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -0.01%, down from the prior three at 0.51%. Volatility over the past year (σ 2.78%) is higher than the prior year (σ 2.02%). In May readings over the past 3 years, Leading Indicator MoM has averaged 0.52%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.55%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Leading Indicator MoM - AR
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About Leading Indicator MoM — Argentina
DEFINITION
The Leading Indicator MoM (Month-over-Month) is a financial indicator that measures the changes in economic activity and predicts future trends. It is based on a variety of economic data, such as consumer spending, business investments, and housing market activity. By analyzing these factors, the Leading Indicator MoM provides valuable insights into the direction of the economy and helps investors and businesses make informed decisions. This indicator is widely used by economists and financial analysts to gauge the overall health of the economy and anticipate potential shifts in the market.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual -1.77 %, consensus 0.5 %. Prior reading (Mar 2026): 0.83 %. Before that (Feb 2026): 1.17 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.