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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PolandPoland Purchasing Manager Index Manufacturing fell to 48 in March 2013
FMPMonthlyReleased April 2013
Poland Purchasing Manager Index Manufacturing fell to 48 in March 2013, released April 2013, down 0.9 from February's 48.9 reading.
Latest Release
48.000000
Actual
—
Consensus
48.900000
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
Purchasing Manager Index Manufacturing (Poland) was reported at 48.00 in April 2013. The reading fell from the previous value of 48.90.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 26) and Inflation Rate YoY (May 29).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
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Purchasing Manager Index Manufacturing - PL
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About Purchasing Manager Index Manufacturing — Poland
DEFINITION
The Purchasing Manager Index Manufacturing is a key economic indicator that measures the health and performance of the manufacturing sector. It provides valuable insights into the current and future trends of production, new orders, inventory levels, and employment within the industry. This index is closely monitored by investors, policymakers, and businesses as it can indicate the overall strength of the economy and potential changes in consumer demand.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Apr 2013): actual 48.