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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain Industrial Production YoY climbed to 1.8 in March 2026
FMPMonthlyReleased May 2026
Spain Industrial Production YoY climbed to 1.8 in March 2026, released May 2026, up 2.7 from February's -0.9 reading. The print exceeded the -1.8 consensus by 3.6. The print is running well above the 12-month average of 1.18. Over the past 3 months, Industrial Production YoY averaged -0.4, vs 1.8 in the prior 3-month window. The reading is in the 72nd percentile of the trailing 24-month range.
Latest Release
1.8
Actual
-1.8
Consensus
-0.9
Previous
Median Absolute Error
±1.11 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 1.22
Actual: 0.3
Error: +0.92
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 |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.69 | CRYPTO | Bearish BTC | → View |
| EUR/USD | ▼ Inverse | −0.50 | FOREX | Bearish EUR | → View |
| GBP/USD | ▼ Inverse | −0.46 | FOREX | Bearish GBP | → View |
| USD/JPY | ▲ Direct | +0.33 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.27 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of -0.9. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.11. Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC) and negatively correlated with EUR/USD (Bearish EUR).
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Industrial Production YoY - ES
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