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Germany S&P Global Construction PMI climbed to 37 in December 2023, released January 2024, up 0.8 from November's 36.2 reading. The reading matched the 38 consensus.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.55 | INDEX | Bullish DE | → View |
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/CHF | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The January 2024 reading rose from the previous value of 36.2. Historically, this indicator is positively correlated with DAX (Bullish DE) and positively correlated with EUR/USD (Bullish EUR).
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| Wednesday, May 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Producer Price Index YoY | -0.2 | 1.6 | 1.60 | Medium | ||
| 06:00 | Producer Price Index MoM | 2.5 | 1 | 1.00 | Low | ||