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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ThailandThailand S&P Global Manufacturing PMI climbed to 54.3 Points in September 2026
FMPMonthlyReleased October 2026
Thailand S&P Global Manufacturing PMI climbed to 54.3 Points in September 2026, released October 2026, up 0.5 Points from August's 53.8 Points reading. The reading matched the 54 Points consensus.
Latest Release
54.300000
Actual
54.000000
Consensus
53.800000
Previous
Median Absolute Error
±1.21
across last 12 releases
Last Call
Oct 2026
Predicted: 54.25
Actual: 54.3
Error: -0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.64 | COMMODITIES | Moves with | → View |
| USD/THB | ▼ Inverse | −0.34 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Manufacturing PMI (Thailand) was reported at 54.30 Points in September 2026. This beat the market consensus of 54.00 Points by 0.30 Points. The reading rose from the previous value of 53.80 Points. Over the past 12 months, the indicator has averaged 54.60 Points, ranging from 52.60 Points to 57.40 Points across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 54.10 Points, up from the prior three at 53.40 Points. Volatility over the past year (σ 1.63 Points) is comparable than the prior year (σ 1.60 Points). In October readings over the past 3 years, S&P Global Manufacturing PMI has averaged 53.10 Points.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with USD/THB, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 1.21 Points.
WHAT TO WATCH NEXT
The next release is scheduled for November 2, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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S&P Global Manufacturing PMI - TH
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About S&P Global Manufacturing PMI — Thailand
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
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 (Sep 2026): actual 54.3 Points, consensus 54 Points. Prior reading (Aug 2026): 53.8 Points. Before that (Jul 2026): 54.2 Points.
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 tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.64) — a useful reference for commodities-focused traders.
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Economic Calendar - TH Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:00 | TH | Industrial Production YoY | 2.05 | 4.44 | 2.8 | 2.42 | Low |
| 07:00 | TH | Private Investment MoM | 21.6 | 2.2 | -0.2 | 10.70 | Low |
| 07:00 | TH | Current Account | -1.6 | 2.4 | 0.97 | -0.32 | Low |
| 07:00 | TH | Private Consumption MoM | -2.2 | 0.4 | -0.6 | -1.40 | Low |
| 10:20 | TH | Retail Sales YoY | 15.2 | -5.9 | -9 | 3.10 | Low |
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | TH | S&P Global Manufacturing PMI | 54.3 | 54.5 | 55.35 | Low | |