Breaking News

India Services Purchasing Managers Index (PMI)

Latest Release

Nov 06, 2024

Actual

58.5

Forecast

58.3

57.7

The Indian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in around 350 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. Index and the Services Business Activity Index, and is based on original survey data collected from a representative panel of over 800 companies based in the Indian manufacturing and service sectors.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.

Importance:

Country:

Currency: INR

Source: Markit Economics

Release Date	Time	Actual	Forecast	Previous
Dec 04, 2024 (Nov)	00:00
Nov 22, 2024 (Nov)	00:00			58.5
Nov 06, 2024 (Oct)	00:00	58.5	58.3	57.7
Oct 24, 2024 (Oct)	00:00	57.9		57.7
Oct 04, 2024 (Sep)	00:00	57.7	58.9	60.9
Sep 23, 2024 (Sep)	00:00	58.9		60.9

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HSBC India Services PMI Discussion

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Rahul Kumar Oct 07, 2014 3:40AM ET

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Positive for dolloer.

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Mohan Das May 05, 2014 1:58AM ET

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where is it

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