Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GHGH S&P Global PMI climbed to 50.6 in March 2025
FMPMonthlyReleased April 2025
GH S&P Global PMI climbed to 50.6 in March 2025, released April 2025, up 0.1 from February's 50.5 reading. The reading matched the 51 consensus.
Latest Release
50.600000
Actual
51.000000
Consensus
50.500000
Previous
Median Absolute Error
±1.1
across last 12 releases
Last Call
Apr 2025
Predicted: 50.53
Actual: 50.6
Error: -0.08
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global PMI (GH) was reported at 50.60 in March 2025. This missed the market consensus of 51.00 by 0.40. The reading rose from the previous value of 50.50.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 49.67, down from the prior three at 50.27.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 1.10.
Auto-generated from current model state · Refreshes on each release · Last update April 2025.
SHARE
S&P Global PMI - GH
Loading chart data...
About S&P Global PMI — GH
DEFINITION
The S&P Global PMI (Purchasing Managers' Index) is a widely recognized financial indicator that measures the economic health of the global manufacturing sector. It provides valuable insights into the current and future trends of production, new orders, employment, and supplier deliveries. This data is collected from surveys of purchasing managers in various industries and countries, making it a reliable and comprehensive measure of economic activity. The S&P Global PMI is used by investors, businesses, and policymakers to make informed decisions and assess the overall state 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 (Mar 2025): actual 50.6, consensus 51. Prior reading (Feb 2025): 50.5. Before that (Jan 2025): 47.9.
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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary neutral force in the current projection.