The typical/expected impact on INR pairs is medium.
The consensus forecast for Gross Domestic Product Quarterly (YoY) is 6.3%. A higher value than forecast tends to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
Lower numbers than forecast tend to be bullish for xxx/INR pairs and bearish for INR/xxx pairs.
The most recent announced value for Gross Domestic Product Quarterly (YoY) was 5.4% against a forecast of 6.5%.
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 | 57.7 | 60.6 | ||
HSBC Manufacturing PMI | Bearish change | 57.7 | 57.1 | ||
HSBC Services PMI | Bullish change | 56.5 | 61.1 |