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Norway NIMA Manufacturing PMI fell to 53.7 in November 2019, released December 2019, down 1.2 from October's 54.9 reading. The print exceeded the 50.2 consensus by 3.5. Year-over-year, the indicator is down 2.4. Over the past 3 months, NIMA Manufacturing PMI averaged 52.65, vs 51.98 in the prior 3-month window. The reading is in the 19th percentile of the trailing 24-month range.
across last 12 releases
Dec 2019
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/NOK | ▼ Inverse | −0.50 | FOREX | Bullish NOK | → View |
| EUR/NOK | ▼ Inverse | −0.45 | FOREX | Bullish NOK | → View |
| WTI Crude | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The December 2019 reading fell from the previous value of 54.9. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±3.03. Historically, this indicator is negatively correlated with USD/NOK (Bullish NOK) and negatively correlated with EUR/NOK (Bullish NOK).
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| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Balance of Trade | 84.2 | 96.4 | 105 | 109.78 | Low | |