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 6.7% against a forecast of 6.9%.
Recent economic data has been strongly bearish 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 | 60.7 | 58.3 | ||
HSBC Services PMI | Bearish change | 60.9 | 57.7 | ||
HSBC Manufacturing PMI | Bearish change | 56.7 | 56.5 | ||
HSBC Composite PMI | Bearish change | 60.7 | 59.3 | ||
HSBC Manufacturing PMI | Bearish change | 57.5 | 56.7 | ||
HSBC Services PMI | Bearish change | 60.9 | 58.9 |