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Russia S&P Global Composite PMI climbed to 50.6 Points in August 2026, released September 2026, up 1 Points from July's 49.6 Points reading. The reading matched the 49.5 Points consensus.
across last 12 releases
Sep 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.67 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.41 | CRYPTO | Moves against | → View |
| XAU/USD | ▲ Direct | +0.28 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Composite PMI (Russia) was reported at 50.60 Points in August 2026. This beat the market consensus of 49.50 Points by 1.10 Points. The reading rose from the previous value of 49.60 Points. Over the past 12 months, the indicator has averaged 49.80 Points, ranging from 46.60 Points to 52.10 Points across 10 releases.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 49.80 Points, down from the prior three at 50.57 Points. Volatility over the past year (σ 1.37 Points) is lower than the prior year (σ 1.96 Points). In September readings over the past 3 years, S&P Global Composite PMI has averaged 50.60 Points.
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.71 Points.
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include Unemployment Rate (Sep 30) and Gross Domestic Product YoY (Sep 30).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
The S&P Global Composite PMI is a widely recognized financial indicator that measures the overall economic health of a country by combining the manufacturing and services sectors. It provides valuable insights into the current state of the economy, as well as future trends, and is used by investors, policymakers, and businesses to make informed decisions. With its comprehensive and timely data, the S&P Global Composite PMI is a crucial tool for understanding the performance of the global economy.
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.
Latest reading (Aug 2026): actual 50.6 Points, consensus 49.5 Points. Prior reading (Jul 2026): 49.6 Points. Before that (May 2026): 49.2 Points.
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 tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.67) — a useful reference for index-focused traders.
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| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 16:00 | Producer Price Index YoY | 6.5 | 6.6 | 4.5 | 5.50 | Low | |
| 16:00 | Producer Price Index MoM | 0.9 | -2.5 | -0.9 | 0.00 | Low | |