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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone HCOB Manufacturing PMI climbed to 50.8 in February 2026
FMPMonthlyReleased March 2026
Eurozone HCOB Manufacturing PMI climbed to 50.8 in February 2026, released March 2026, up 1.3 from January's 49.5 reading. The reading matched the 50.8 consensus. Year-over-year, the indicator is up 3.2. Over the past 3 months, HCOB Manufacturing PMI averaged 49.58, vs 49.78 in the prior 3-month window. HCOB Manufacturing PMI is now the highest in 22 months.
Latest Release
50.8
Actual
50.8
Consensus
49.5
Previous
Median Absolute Error
±0.38
across last 12 releases
Last Call
Mar 2026
Predicted: 50.54
Actual: 50.8
Error: -0.26
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
The March 2026 reading rose from the previous value of 49.5. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.38. Historically, this indicator is positively correlated with BTC/USD (Bullish BTC).
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HCOB Manufacturing PMI - EU
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