Loading page content
Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
IndiaHSBC India Services PMI climbed to 58.8 in April 2026
Financial Modeling PrepMonthlyReleased May 2026
HSBC India Services PMI climbed to 58.8 in April 2026, up 1.3 from March's 57.5 reading. The reading matched the 57.9 consensus. HSBC India Services PMI has now risen for 4 consecutive months. HSBC India Services PMI is now the highest in 148 months.
Latest Release
58.8
Actual
57.9
Consensus
57.5
Previous
The May 2026 reading rose from the previous value of 57.5. Historically, this indicator is negatively correlated with USD/INR (Bullish INR) and positively correlated with XAU/USD (Watch).
SHARE
HSBC India Services PMI - IN
Loading chart data...
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IN Events
| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:30 | IN | CPI YoY | 3.48 | 3.4 | 3.8 | 3.64 | Medium |
| 10:30 | IN | Inflation Rate YoY | 3.48 | 3.4 | 3.8 | 3.78 | Medium |
| 10:30 | IN | Inflation Rate MoM | 0.27 | 0.26 | 0.6 | 0.43 | Low |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:30 | IN | Inflation Rate MoM | 0.26 | 0.6 | 0.43 | Low | |
| 10:30 | IN | Inflation Rate YoY | 3.4 | 3.8 | 3.78 | Medium | |
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | IN | WPI Manufacturing YoY | 3.39 | 3.9 | 3.90 | Low | |
| 06:30 | IN | WPI Inflation YoY | 3.88 | 4.4 | 4.40 | Low | |
| 06:30 | IN | WPI Food Index YoY | 1.85 | 2.2 | 2.20 | Low | |
| 06:30 | IN | WPI Fuel YoY | 1.05 | 3 | 3.00 | Low | |