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HCOB Construction PMI climbed to 46 in February 2026, up 0.7 from January's 45.3 reading. The reading matched the 45.9 consensus. Year-over-year, the indicator is up 3.3. Over the past 3 months, HCOB Construction PMI averaged 46.35, vs 45.13 in the prior 3-month window. The reading is in the 83rd percentile of the trailing 24-month range.
The March 2026 reading rose from the previous value of 45.3. Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR) and positively correlated with BTC/USD (Bullish BTC).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | ZEW Economic Sentiment Index | -20.4 | -20 | -20.00 | Medium | ||
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:00 | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.30 | Low | ||
| 09:00 | Employment Change QoQ | 0.2 | 0.1 | 0.10 | Medium | ||
| 09:00 | Industrial Production MoM | 0.4 | 0.2 | 0.20 | Medium | ||
| 09:00 | GDP Growth Rate YoY | 1.2 | 1.2 | 1.20 | Low | ||
| 09:00 | Employment Change YoY | 0.7 | 0.6 | 0.60 | Medium | ||
| 09:00 | Industrial Production YoY | -0.6 | -1.8 | -1.80 | Low | ||