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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.
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).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:30 | CPI YoY | 3.48 | 3.4 | 3.8 | 3.64 | Medium | |
| 10:30 | Inflation Rate YoY | 3.48 | 3.4 | 3.8 | 3.78 | Medium | |
| 10:30 | 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 | Inflation Rate MoM | 0.26 | 0.6 | 0.43 | Low | ||
| 10:30 | Inflation Rate YoY | 3.4 | 3.8 | 3.78 | Medium | ||
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | WPI Manufacturing YoY | 3.39 | 3.9 | 3.90 | Low | ||
| 06:30 | WPI Inflation YoY | 3.88 | 4.4 | 4.40 | Low | ||
| 06:30 | WPI Food Index YoY | 1.85 | 2.2 | 2.20 | Low | ||
| 06:30 | WPI Fuel YoY | 1.05 | 3 | 3.00 | Low | ||