Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Investec Services PMI climbed to 55.9 in February 2019
FMPMonthlyReleased March 2019
Ireland Investec Services PMI climbed to 55.9 in February 2019, released March 2019, up 1.7 from January's 54.2 reading.
Latest Release
55.900000
Actual
—
Consensus
54.200000
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
Investec Services PMI (Ireland) was reported at 55.90 in March 2019. The reading rose from the previous value of 54.20.
WHY IT MATTERS
The trailing three releases averaged 55.47, down from the prior three at 57.67.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update March 2019.
SHARE
Investec Services PMI - IE
Loading chart data...
About Investec Services PMI — Ireland
DEFINITION
The Investec Services PMI is a leading economic indicator that measures the performance of the services sector in a country. It provides valuable insights into the health of the economy by tracking changes in business activity, new orders, employment, and prices. This data is collected through surveys of purchasing managers in the services industry, making it a reliable and timely measure of economic activity. The Investec Services PMI is widely used by businesses, policymakers, and investors to make informed decisions and anticipate future economic trends.
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 (Feb 2019): actual 55.9. Prior reading (Jan 2019): 54.2. Before that (Dec 2018): 56.3.
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 bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IE Events
| Tuesday, June 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | IE | Harmonised Inflation Rate YoY | 3.5 | 3.4 | 3.75 | Low | |
| 10:00 | IE | Harmonised Inflation Rate MoM | -0.2 | 0.4 | 0.75 | Low | |
| Wednesday, July 1, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:01 | IE | AIB Manufacturing PMI | 55.9 | 52.6 | 52.60 | Low | |