Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany S&P Global Composite PMI climbed to 51.8 Points in August 2026
FMPMonthlyReleased September 2026
Germany S&P Global Composite PMI climbed to 51.8 Points in August 2026, released September 2026, up 0.5 Points from July's 51.3 Points reading. The reading matched the 51 Points consensus.
Latest Release
51.800000
Actual
51.000000
Consensus
51.300000
Previous
Median Absolute Error
±0.25
across last 12 releases
Last Call
Sep 2026
Predicted: 50.91
Actual: 51.8
Error: -0.89
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| FTSE 100 | ▲ Direct | +0.58 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.49 | INDEX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.49 | INDEX | Moves with | → View |
| DAX | ▲ Direct | +0.48 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.45 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Composite PMI (Germany) was reported at 51.80 Points in August 2026. This beat the market consensus of 51.00 Points by 0.80 Points. The reading rose from the previous value of 51.30 Points. Over the past 12 months, the indicator has averaged 50.50 Points, ranging from 48.00 Points to 51.90 Points across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 51.37 Points, up from the prior three at 49.33 Points.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with FTSE 100 (Bullish FTSE 100). A secondary relationship exists with Euro STOXX 50, positively correlated (Bullish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 0.25 Points.
WHAT TO WATCH NEXT
The next release is scheduled for September 23, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Sep 15) and Wholesale Prices YoY (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
S&P Global Composite PMI - DE
Loading chart data...
About S&P Global Composite PMI — Germany
DEFINITION
The S&P Global Composite PMI is a widely recognized financial indicator that measures the overall economic health of a country by combining the manufacturing and services sectors. It provides valuable insights into the current state of the economy, as well as future trends, and is used by investors, policymakers, and businesses to make informed decisions. With its comprehensive and timely data, the S&P Global Composite PMI is a crucial tool for understanding the performance of the global economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 51.8 Points, consensus 51 Points. Prior reading (Aug 2026): 51 Points. Before that (Jul 2026): 51.3 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bullish FTSE 100, r=0.58) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - DE Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | DE | Wholesale Prices MoM | 0.2 | 0.1 | -0.60 | Medium | |
| 06:00 | DE | Wholesale Prices YoY | 5.3 | 6.2 | 5.35 | Medium | |
| 09:00 | DE | ZEW Economic Sentiment Index | 34.2 | 37 | 45.25 | High | |
| 09:00 | DE | ZEW Current Conditions | -61.1 | -52.2 | -53.70 | Low | |
| 09:00 | DE | Economic Sentiment | 34.2 | 42.7 | 50.85 | Medium | |