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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark DILF Manufacturing PMI fell to 45.7 in May 2023
FMPMonthlyReleased June 2023
Denmark DILF Manufacturing PMI fell to 45.7 in May 2023, released June 2023, down 1.9 from April's 47.6 reading.
Latest Release
45.700000
Actual
—
Consensus
47.600000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
DILF Manufacturing PMI (Denmark) was reported at 45.70 in June 2023. The reading fell from the previous value of 47.60.
WHY IT MATTERS
The trailing three releases averaged 44.73, down from the prior three at 50.07.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update June 2023.
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DILF Manufacturing PMI - DK
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About DILF Manufacturing PMI — Denmark
DEFINITION
The DILF Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in a particular country. It provides valuable insights into the overall health and growth of the economy, as well as the level of business activity and sentiment within the manufacturing industry. This indicator is based on a monthly survey of purchasing managers, making it a timely and reliable measure of economic activity. Investors and policymakers often use the DILF Manufacturing PMI to make informed decisions and assess the current and future state of the manufacturing sector.
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. 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 (May 2023): actual 45.7. Prior reading (Apr 2023): 44.2. Before that (Mar 2023): 44.3.
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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.