Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain S&P Global Composite PMI fell to 55.8 Points in August 2026
FMPMonthlyReleased September 2026
Spain S&P Global Composite PMI fell to 55.8 Points in August 2026, released September 2026, down 0.7 Points from July's 56.5 Points reading. The reading matched the 57.4 Points consensus.
Latest Release
55.800000
Actual
57.400000
Consensus
56.500000
Previous
Median Absolute Error
±3.7
across last 4 releases
Last Call
Sep 2026
Predicted: 58.8
Actual: 55.8
Error: +3
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 |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| EUR/GBP | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| DAX | ▲ Direct | +0.35 | INDEX | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Composite PMI (Spain) was reported at 55.80 Points in August 2026. This missed the market consensus of 57.40 Points by 1.60 Points. The reading fell from the previous value of 56.50 Points.
WHY IT MATTERS
The trailing three releases averaged 54.17 Points, down from the prior three at 54.77 Points.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with DAX, positively correlated (Bullish EU).
WHAT TO WATCH NEXT
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Sep 29) and Inflation Rate YoY (Sep 29).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
S&P Global Composite PMI - ES
Loading chart data...
About S&P Global Composite PMI — Spain
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. 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 (Aug 2026): actual 55.8 Points, consensus 57.4 Points. Prior reading (Jul 2026): 56.5 Points. Before that (May 2026): 50.2 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.
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 - ES Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | ES | Harmonised Inflation Rate MoM | 0.7 | 0 | 0.6 | 0.65 | Low |
| 07:00 | ES | Harmonised Inflation Rate YoY | 4.6 | 3.9 | 4.5 | 4.55 | Low |
| 07:00 | ES | Inflation Rate MoM | 0.7 | 0.3 | 0.7 | 0.70 | Low |
| 07:00 | ES | Core Inflation Rate YoY | 2.9 | 3 | 2.9 | 2.90 | Low |
| 07:00 | ES | Inflation Rate YoY | 4.3 | 3.6 | 4.3 | 4.30 | Low |