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Taiwan S&P Global Manufacturing PMI fell to 54.7 Points in August 2026, released September 2026, down 0.4 Points from July's 55.1 Points reading. The reading matched the 54.5 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 |
|---|---|---|---|---|---|
| USD/TWD | ▲ Direct | +0.62 | FOREX | Moves with | → View |
| Nikkei 225 | ▼ Inverse | −0.42 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.39 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Manufacturing PMI (Taiwan) was reported at 54.70 Points in August 2026. This beat the market consensus of 54.50 Points by 0.20 Points. The reading fell from the previous value of 55.10 Points. Over the past 12 months, the indicator has averaged 52.03 Points, ranging from 46.80 Points to 56.10 Points across 10 releases.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 55.30 Points, up from the prior three at 53.40 Points. Volatility over the past year (σ 3.20 Points) is higher than the prior year (σ 1.74 Points). In September readings over the past 3 years, S&P Global Manufacturing PMI has averaged 51.20 Points.
Historically, this indicator is positively correlated with USD/TWD (Bullish USD). A secondary relationship exists with Nikkei 225, negatively correlated (Bearish Nikkei 225). Over the last 12 releases, the Sigmacast model's median absolute error is 1.24 Points.
The next release is scheduled for October 1, 2026. Same-country events in the next 14 days include Interest Rate (Sep 17).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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.
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 54.7 Points, consensus 54.5 Points. Prior reading (Jul 2026): 55.1 Points. Before that (May 2026): 56.1 Points.
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 USD/TWD (Bullish USD, r=0.62) — a useful reference for forex-focused traders.
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