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Business Confidence held to 2.6 in April 2026. The print exceeded the 2.3 consensus by 0.3. The print is running well below the 12-month average of 2.77. Over the past 3 months, Business Confidence averaged 2.83, vs 3.05 in the prior 3-month window. Business Confidence is now the lowest in 10 months.
The April 2026 reading was unchanged from the previous value of 2.6. Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU) and positively correlated with BTC/USD (Bullish BTC).
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| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:00 | CPI MoM | 1.4 | 1.4 | 1.40 | Low | ||
| 10:00 | CPI YoY | 3.4 | 3.4 | 3.40 | Low | ||