Lower numbers than forecast tend to be bullish for xxx/INR pairs and bearish for INR/xxx pairs.
The typical/expected impact on INR pairs is medium.
The consensus forecast for Gross Domestic Product Quarterly (YoY) is 6.5%. A higher value than forecast tends 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 6.7% against a forecast of 6.9%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Quarterly (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
HSBC Composite PMI | Bullish change | 59.1 | 59.5 | ||
HSBC Manufacturing PMI | Bearish change | 57.5 | 57.3 | ||
HSBC Services PMI | Bullish change | 58.5 | 59.2 |