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HSBC Manufacturing PMI (India) was reported at 55.9 in April 2026. The reading beat the market consensus of 54 by 1.9, coming in above expectations. This represents an increase from the previous value of 53.9. Historically, this indicator is negatively correlated with USD/INR (Bearish USD).
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| Monday, May 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:00 | S&P Global Manufacturing PMI | 55.9 | 55.9 | 55.20 | Low | ||
| Wednesday, May 6, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 05:00 | HSBC India Services PMI | 57.9 | 57.9 | 57.50 | Low | ||
| 05:00 | S&P Global Services PMI | 58.3 | 58.3 | 57.90 | Low | ||