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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone S&P Global Composite PMI held to 52 Points in August 2026
FMPMonthlyReleased September 2026
Eurozone S&P Global Composite PMI held to 52 Points in August 2026, released September 2026. The reading matched the 52.1 Points consensus. Over the past 3 months, S&P Global Composite PMI averaged 51.38 Points, vs 49.1 Points in the prior 3-month window.
Latest Release
52
Actual
52.1
Consensus
52
Previous
Median Absolute Error
±0.55
across last 12 releases
Last Call
Sep 2026
Predicted: 52.41
Actual: 52
Error: +0.41
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/CHF | ▲ Direct | +0.28 | FOREX | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.28 | CRYPTO | Moves against | → View |
| EUR/GBP | ▼ Inverse | −0.28 | FOREX | 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 (European Union) was reported at 52.00 Points in August 2026. This missed the market consensus of 52.10 Points by 0.10 Points. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 50.50 Points, ranging from 47.50 Points to 52.10 Points across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 52.03 Points, up from the prior three at 49.97 Points.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.55 Points.
WHAT TO WATCH NEXT
The next release is scheduled for September 23, 2026. Same-country events in the next 14 days include Balance of Trade (Sep 15) and ZEW Economic Sentiment Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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S&P Global Composite PMI - EU
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About S&P Global Composite PMI — European Union
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 52 Points, consensus 52.1 Points. Prior reading (Aug 2026): 52.1 Points. Before that (Jul 2026): 52 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection.
Σ
EXPECTED ZONE
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Economic Calendar - EU Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | EU | Balance of Trade | 8.6 | 3.7 | 3.70 | Medium | |
| 09:00 | EU | ZEW Economic Sentiment Index | 31.4 | 39.9 | 48.25 | Medium | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:00 | EU | Industrial Production MoM | 0 | -0.4 | -0.40 | Medium | |
| 09:00 | EU | Industrial Production YoY | 0.1 | -0.3 | -0.30 | Low | |
| 09:00 | EU | Wage Growth YoY | 3.4 | 3.2 | 3.45 | Low | |
| 09:00 | EU | Labour Cost Index YoY | 3 | 3.2 | 3 | 2.98 | Low |