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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain New Car Registrations MoM climbed to 32.8% in February 2026
FMPMonthlyReleased March 2026
Spain New Car Registrations MoM climbed to 32.8% in February 2026, released March 2026, up 61.8% from January's -29.0% reading.
Latest Release
32.800000
Actual
—
Consensus
-29.000000
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 |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.88 | CRYPTO | Bullish BTC | → View |
| EUR/USD | ▼ Inverse | −0.54 | FOREX | Bearish EUR | → View |
| XAU/USD | ▲ Direct | +0.51 | COMMODITIES | Bullish XAU | → View |
| USD/JPY | ▲ Direct | +0.36 | FOREX | Bullish USD | → View |
| GBP/USD | ▼ Inverse | −0.26 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
New Car Registrations MoM (Spain) was reported at 32.8% in March 2026. The reading rose from the previous value of -29%. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 5.27%, ranging from -37.6% to 38.9% across 7 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 13.17%, up from the prior three at 4.97%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Jun 23) and Gross Domestic Product QoQ (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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New Car Registrations MoM - ES
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About New Car Registrations MoM — Spain
DEFINITION
New Car Registrations MoM (Month-over-Month) is a financial indicator that measures the change in the number of newly registered cars in a given month compared to the previous month. This indicator is used to track the current demand for new cars in a specific market and can provide insights into consumer spending and economic trends. It is often used by analysts and investors to assess the health of the automotive industry and make informed decisions regarding investments in related companies.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Feb 2026): actual 32.8 %. Prior reading (Feb 2026): 32.8 %. Before that (Dec 2025): 9.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher 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 BTC/USD (Bullish BTC, r=0.88) — a useful reference for crypto-focused traders.