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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Saudi ArabiaSaudi Arabia PMI climbed to 52.8% in May 2026
FMPMonthlyReleased June 2026
Saudi Arabia PMI climbed to 52.8% in May 2026, released June 2026, up 1.3% from April's 51.5% reading. The reading matched the 51.3% consensus. PMI has now risen for 3 consecutive months. Over the past 3 months, PMI averaged 50.15%, vs 56.6% in the prior 3-month window. The reading is in the 16th percentile of the trailing 24-month range.
Latest Release
52.8
Actual
51.3
Consensus
51.5
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 |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.55 | FOREX | Bearish GBP | → View |
| BTC/USD | ▼ Inverse | −0.53 | CRYPTO | Bearish BTC | → View |
| S&P 500 | ▼ Inverse | −0.53 | INDEX | Bearish S&P 500 | → View |
| XAU/USD | ▼ Inverse | −0.36 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
PMI (Saudi Arabia) was reported at 52.8% in June 2026. This beat the market consensus of 51.3% by 1.5%. The reading rose from the previous value of 51.5%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 56.87%, ranging from 52.8% to 60.2% across 9 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 55.07%, down from the prior three at 58.7%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
The next release is scheduled for July 5, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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PMI - SA
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About PMI — Saudi Arabia
DEFINITION
PMI, or Purchasing Managers' Index, is a widely used economic indicator that measures the health of a country's manufacturing sector. It is based on a monthly survey of purchasing managers from various industries, and provides valuable insights into the overall economic activity and future trends. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 suggests contraction. This indicator is closely monitored by investors, businesses, and policymakers as it can help inform decisions related to investments, production, and economic policies.
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 (May 2026): actual 52.8 %, consensus 51.3 %. Prior reading (Apr 2026): 51.5 %. Before that (Mar 2026): 48.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with GBP/USD (Bearish GBP, r=-0.55) — a useful reference for forex-focused traders.