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HCOB Construction PMI fell to 43.7 in February 2026, down 1 from January's 44.7 reading. The reading matched the 45.4 consensus. HCOB Construction PMI has now declined for 3 consecutive months. Over the past 3 months, HCOB Construction PMI averaged 47.5, vs 44.73 in the prior 3-month window. The reading is in the 58th percentile of the trailing 24-month range.
The March 2026 reading fell from the previous value of 44.7. Historically, this indicator is positively correlated with BTC/USD (Bullish BTC) and negatively correlated with EUR/GBP (Bearish EUR).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Inflation Rate MoM | 0.6 | 1.1 | 0.6 | 0.60 | Low | |
| 06:00 | Harmonised Inflation Rate YoY | 2.9 | 2.8 | 2.9 | 2.90 | Low | |
| 06:00 | Inflation Rate YoY | 2.9 | 2.7 | 2.9 | 2.90 | Low | |
| 06:00 | Harmonised Inflation Rate MoM | 0.5 | 1.2 | 0.5 | 0.50 | Low | |
| 06:00 | HICP YoY | 2.9 | 2.8 | 2.9 | 2.90 | Low | |
| 06:00 | HICP MoM | 0.5 | 1.2 | 0.5 | 0.50 | Low | |
| 06:00 | CPI YoY | 2.9 | 2.7 | 2.9 | 2.90 | Medium | |
| 06:00 | CPI MoM | 0.6 | 1.1 | 0.6 | 0.60 | High | |
| 09:00 | ZEW Current Conditions | -77.8 | -73.7 | -77.5 | -77.65 | Low | |
| 09:00 | ZEW Economic Sentiment Index | -10.2 | -17.2 | -19.8 | -15.00 | High | |
| 09:00 | Economic Sentiment | -10.2 | -17.2 | -19.2 | -14.70 | Medium | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Wholesale Prices MoM | 2.7 | 1 | 1.30 | Medium | ||
| 06:00 | Wholesale Prices YoY | 4.1 | 5.2 | 5.50 | Medium | ||
| 12:45 | Current Account | 22 | 18.4 | 19.35 | Low | ||