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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndonesiaIndonesia Indonesia HSBC PMI fell to 50.3 in November 2013
FMPMonthlyReleased December 2013
Indonesia Indonesia HSBC PMI fell to 50.3 in November 2013, released December 2013, down 0.6 from October's 50.9 reading.
Latest Release
50.300000
Actual
—
Consensus
50.900000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
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
Indonesia HSBC PMI (Indonesia) was reported at 50.30 in December 2013. The reading fell from the previous value of 50.90.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update December 2013.
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Indonesia HSBC PMI - ID
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About Indonesia HSBC PMI — Indonesia
DEFINITION
The Indonesia HSBC PMI (Purchasing Managers' Index) is a widely recognized financial indicator that measures the economic health of Indonesia's manufacturing sector. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into the country's production levels, new orders, employment, and overall business conditions. This indicator is used by investors, businesses, and policymakers to assess the current and future performance of the Indonesian 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 (Dec 2013): actual 50.3. Prior reading (Dec 2013): 50.3. Before that (Nov 2013): 50.9.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary tailwind in the projection.