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Harmonised Inflation Rate MoM fell to 0.4 in April 2026, down 1.4 from March's 1.8 reading. The print came in cooler than the 1.1 consensus, a softer print than forecasters anticipated. The print is running well above the 12-month average of 0.38. Over the past 3 months, Harmonised Inflation Rate MoM averaged 0.52, vs 0.24 in the prior 3-month window. The reading is in the 55th percentile of the trailing 24-month range.
The April 2026 reading fell from the previous value of 1.8. Historically, this indicator is positively correlated with XAU/USD (Bullish XAU) and positively correlated with BTC/USD (Bullish BTC).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:01 | Construction PMI | 47.1 | 53.2 | 52.8 | 51.30 | Low | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | Residential Property Prices YoY | 6.8 | 6.6 | 6.60 | Low | ||
| 10:00 | Residential Property Prices MoM | -0.2 | -0.1 | -0.10 | Low | ||