Higher numbers than forecast tend to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
The most recent announced value for Gross Domestic Product Quarterly (YoY) was 8.2% against a forecast of 7.3%.
Recent economic data has been broadly neutral for INR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Quarterly (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HSBC Composite PMI | Bearish change | 59.9 | 59.7 | ||
| HSBC Services PMI | Bullish change | 59.5 | 59.8 | ||
| HSBC Manufacturing PMI | Bearish change | 57.4 | 56.6 | ||
| HSBC Composite PMI | Bearish change | 60.4 | 59.9 | ||
| HSBC Manufacturing PMI | Bearish change | 59.2 | 57.4 | ||
| HSBC Services PMI | Bullish change | 58.9 | 59.5 |