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Construction Output YoY climbed to 1.4 in February 2026, up 1.8 from January's -0.4 reading. The print exceeded the 1.0 consensus by 0.4. The print is running well below the 12-month average of 3.82. Over the past 3 months, Construction Output YoY averaged 2.4, vs 3.9 in the prior 3-month window. The reading is in the 16th percentile of the trailing 24-month range.
The April 2026 reading rose from the previous value of -0.4. Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU) and negatively correlated with EUR/USD (Bearish EUR).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | Industrial Production YoY | 1.5 | 0.4 | 0.7 | 1.40 | Low | |
| 08:00 | Industrial Production MoM | 0.7 | 0.2 | 0.2 | 0.42 | Medium | |