Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia HSBC Manufacturing PMI climbed to 54.7 in April 2026
FMPMonthlyReleased May 2026
India HSBC Manufacturing PMI climbed to 54.7 in April 2026, released May 2026, up 0.8 from March's 53.9 reading. The reading matched the 55.9 consensus. Year-over-year, the indicator is down 3.5. Over the past 3 months, HSBC Manufacturing PMI averaged 55.6, vs 56.02 in the prior 3-month window. The reading is in the 7th percentile of the trailing 24-month range.
Latest Release
54.7
Actual
55.9
Consensus
53.9
Previous
The May 2026 reading rose from the previous value of 53.9. Historically, this indicator is negatively correlated with USD/INR (Bearish USD) and negatively correlated with NIFTY 50 (Bearish NIFTY 50).
SHARE
HSBC Manufacturing 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
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | IN | WPI Manufacturing YoY | 4.62 | 3.39 | 3.9 | 4.29 | Low |
| 06:30 | IN | WPI Inflation YoY | 8.3 | 3.88 | 4.4 | 5.53 | Low |
| 06:30 | IN | WPI Food Index YoY | 2.31 | 1.85 | 2.2 | 2.41 | Low |
| 06:30 | IN | WPI Fuel YoY | 24.71 | 1.05 | 3 | 7.88 | Low |