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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain S&P Global Composite PMI climbed to 56.8 Points in September 2026
FMPMonthlyReleased October 2026
Spain S&P Global Composite PMI climbed to 56.8 Points in September 2026, released October 2026, up 1 Points from August's 55.8 Points reading. The reading matched the 54.9 Points consensus.
Latest Release
56.800000
Actual
54.900000
Consensus
55.800000
Previous
Median Absolute Error
±3
across last 5 releases
Last Call
Oct 2026
Predicted: 55.2
Actual: 56.8
Error: -1.6
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 56.80 Points in September 2026. This beat the market consensus of 54.90 Points by 1.90 Points. The reading rose from the previous value of 55.80 Points.
WHY IT MATTERS
The trailing three releases averaged 56.37 Points, up from the prior three at 52.93 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 November 4, 2026. Same-country events in the next 14 days include Balance of Trade (Oct 20) and Unemployment Rate (Oct 27).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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S&P Global Composite PMI - ES
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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 (Sep 2026): actual 56.8 Points, consensus 54.9 Points. Prior reading (Aug 2026): 55.8 Points. Before that (Jul 2026): 56.5 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
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Economic Calendar - ES Events
| Wednesday, October 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | ES | Inflation Rate MoM | 0.3 | 0.7 | 0.3 | 0.30 | Low |
| 07:00 | ES | Core Inflation Rate YoY | 3.1 | 2.9 | 3.1 | 3.10 | Low |
| 07:00 | ES | Harmonised Inflation Rate MoM | 0.6 | 0.7 | 0.6 | 0.60 | Low |
| 07:00 | ES | Inflation Rate YoY | 4.9 | 4.3 | 4.9 | 4.90 | Low |
| 07:00 | ES | Harmonised Inflation Rate YoY | 5 | 4.6 | 5 | 5.00 | Low |