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Manufacturing Production MoM climbed to 0.8 in March 2026, up 2.6 from February's -1.8 reading. The print exceeded the -1.8 consensus by 2.6. The print is running well above the 12-month average of -0.08. Over the past 3 months, Manufacturing Production MoM averaged -0.63, vs -0.05 in the prior 3-month window. The reading is in the 73rd percentile of the trailing 24-month range.
The May 2026 reading rose from the previous value of -1.8. Historically, this indicator is positively correlated with USD/ZAR (Bullish USD).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | Unemployed Persons | 8.137 | 7.836 | 8.2 | 8.17 | Low | |
| 09:00 | Unemployment Rate | 32.7 | 31.4 | 32.3 | 32.50 | Medium | |
| 09:30 | Unemployment Rate | 32.7 | 31.4 | 32.3 | 32.50 | Medium | |
| 10:30 | Unemployed Persons | 8.137 | 7.836 | 8.2 | 8.17 | Low | |
| 11:00 | Manufacturing Production YoY | 0.9 | -2.3 | -1 | -0.68 | Low | |
| 11:00 | Manufacturing Production MoM | 0.8 | -1.8 | -1.8 | -1.10 | Low | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:30 | Unemployed Persons | 7.836 | 8.2 | 8.17 | Low | ||