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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PolandPoland HSBC Manufacturing PMI climbed to 54.3 in June 2015
FMPMonthlyReleased July 2015
Poland HSBC Manufacturing PMI climbed to 54.3 in June 2015, released July 2015, up 1.9 from May's 52.4 reading. The reading matched the 52.1 consensus. Year-over-year, the indicator is up 4. Over the past 3 months, HSBC Manufacturing PMI averaged 53.2, vs 54.48 in the prior 3-month window. The reading is in the 71st percentile of the trailing 24-month range.
Latest Release
54.3
Actual
52.1
Consensus
52.4
Previous
Median Absolute Error
±0.92
across last 8 releases
Last Call
Jul 2015
Predicted: 51.68
Actual: 54.3
Error: -2.62
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
HSBC Manufacturing PMI (Poland) was reported at 54.30 in July 2015. This beat the market consensus of 52.10 by 2.20. The reading rose from the previous value of 52.40.
WHY IT MATTERS
The trailing three releases averaged 53.57, down from the prior three at 55.03.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 8 releases, the Sigmacast model's median absolute error is 0.92.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (Jun 24) and Inflation Rate YoY (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update July 2015.
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HSBC Manufacturing PMI - PL
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About HSBC Manufacturing PMI — Poland
DEFINITION
HSBC Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in a specific country. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into the overall health and growth of the manufacturing industry. This indicator is used by investors, policymakers, and businesses to make informed decisions and assess the economic outlook of a country. With its timely and accurate data, HSBC Manufacturing PMI is a crucial tool for understanding the state of the manufacturing sector and its impact on the broader 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 (Jun 2015): actual 54.3, consensus 52.1. Prior reading (May 2015): 52.4. Before that (Apr 2015): 54.
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.