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India Services Purchasing Managers Index (PMI)

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India Services Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Apr 04, 2024
Actual
61.2
Forecast
60.3
Previous
60.6
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
India Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
May 06, 2024 (Apr) 01:00     60.3
Apr 23, 2024 01:00     61.2
Apr 04, 2024 (Mar) 01:00 61.2 60.3 60.6
Mar 21, 2024 01:00   60.3   60.6
Mar 05, 2024 (Feb) 01:00 60.6 62.0 61.8
Feb 22, 2024 01:00   62.0   61.8

News

Analysis

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Fed and BoE to fight back against high inflation Central banks have provided unprecedented amounts of stimulus over the last decade and took that to another level during the pandemic as the world went...

HSBC India Services PMI Discussion

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All Comments (2)
Rahul Kumar
Rahul Kumar Oct 07, 2014 3:40AM ET
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Positive for dolloer.
Mohan Das
Mohan Das May 05, 2014 1:58AM ET
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where is it
 
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