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HSBC Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI), released on a monthly basis by S&P Global and HSBC Bank, is a leading indicator gauging business activity in India’s manufacturing sector. The data is derived from surveys of senior executives at private-sector companies. The PMI is compiled by S&P Global from responses to questionnaires sent to survey panels of around 400 manufacturers and 400 service providers. The panels are each stratified by detailed sector and company workforce size, based on contributions to GDP. The index varies between 0 and 100, with levels of 50.0 signaling no change over the previous month. A reading above 50 indicates that the manufacturing economy is generally expanding, a bullish sign for the Indian Rupee (INR). Meanwhile, a reading below 50 signals that activity among goods producers is generally declining, which is seen as bearish for INR.

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Most recent - Monday 16 December 2024 05:00

56.5

Forecast

Actual

57.4

Next event - Thursday 2 January 2025 05:00

Forecast

Actual

The typical/expected impact on INR pairs is medium.

There is no forecast value for HSBC Manufacturing PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for HSBC Manufacturing PMI was 57.4.

Past events

Date

Forecast

Actual

Monday 16 December 2024 05:00

57.4

Monday 2 December 2024 05:00

57.3

56.5

Friday 22 November 2024 05:00

57.3

Monday 4 November 2024 05:00

57.4

57.5

Thursday 24 October 2024 05:00

57.4

Tuesday 1 October 2024 05:00

56.5

Monday 23 September 2024 05:00

56.7

Monday 2 September 2024 05:00

58.2

57.5

Thursday 22 August 2024 05:00

57.9

Thursday 1 August 2024 05:00

58.5

58.1

Wednesday 24 July 2024 05:00

58.5

Monday 1 July 2024 05:00

58.5

58.3

Friday 21 June 2024 05:00

58.5

Monday 3 June 2024 05:00

58.4

57.5

Thursday 23 May 2024 05:00

58.4

Thursday 2 May 2024 05:00

59.1

58.8

Tuesday 23 April 2024 05:00

59.1

Tuesday 2 April 2024 05:00

59.4

59.1

Thursday 21 March 2024 05:00

59.2

Friday 1 March 2024 05:00

56.9

Thursday 22 February 2024 05:00

56.7

Thursday 1 February 2024 05:00

56.5

Wednesday 24 January 2024 05:00

56.9

Wednesday 3 January 2024 05:00

54.9

Friday 1 December 2023 05:00

Wednesday 1 November 2023 05:00

55.5

Tuesday 3 October 2023 05:00

57.5

Friday 1 September 2023 05:00

58.6

Tuesday 1 August 2023 05:00

57.7

Monday 3 July 2023 05:00

57.8

Thursday 1 June 2023 05:00

58.7

Monday 1 May 2023 05:00

57.2

Monday 3 April 2023 05:00

56.4

Wednesday 1 March 2023 05:00

55.3

Wednesday 1 February 2023 05:00

55.4

Monday 2 January 2023 05:00

57.8

Thursday 1 December 2022 05:00

55.7

Tuesday 1 November 2022 05:00

55.3

Monday 3 October 2022 05:00

55.1

Thursday 1 September 2022 05:00

56.2

Monday 1 August 2022 05:00

56.4

Friday 1 July 2022 05:00

53.9

Wednesday 1 June 2022 05:00

54.6

Monday 2 May 2022 05:00

54.7

Monday 4 April 2022 05:00

Wednesday 2 March 2022 05:00

54.9

Tuesday 1 February 2022 05:00

54.8

Monday 3 January 2022 05:00

55.5

Economic context

Other recent announcements which may affect the market's interpretation of the next HSBC Manufacturing PMI result:

				Previous	Latest
		HSBC Composite PMI	Bullish change	58.6	60.7
		HSBC Services PMI	Bullish change	58.4	60.8

About HSBC Manufacturing PMI

Country:	India
Currency:	INR
Source:	S&P Global
Category:	Economic Activity
Frequency:	Monthly

Related events

	Australia		Gross Domestic Product (QoQ)
	Canada		Gross Domestic Product Annualized
	Switzerland		Gross Domestic Product s.a. (QoQ)
	China		Non-Manufacturing PMI
	China		Gross Domestic Product (YoY)
	China		Gross Domestic Product (QoQ)
	China		Industrial Production (YoY)
	China		Caixin Services PMI
	China		NBS Manufacturing PMI
	China		Caixin Manufacturing PMI
	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Japan		Gross Domestic Product (QoQ)
	Japan		Tankan Large Manufacturing Index
	New Zealand		Gross Domestic Product (YoY)
	New Zealand		Gross Domestic Product (QoQ)
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		Gross Domestic Product (QoQ)
	United States		ISM Manufacturing PMI
	United States		Gross Domestic Product Annualized
	United States		ISM Services PMI
	Australia		Private Capital Expenditure
	Australia		National Australia Bank's Business Confidence (QoQ)
	Australia		S&P Global Services PMI
	Australia		S&P Global Composite PMI
	Australia		AiG Industry Index
	Australia		Gross Domestic Product (YoY)
	Canada		Bank of Canada Business Outlook Survey
	Canada		Gross Domestic Product (MoM)
	Canada		Ivey Purchasing Managers Index
	Canada		Ivey Purchasing Managers Index s.a
	Canada		Gross Domestic Product (QoQ)
	Canada		S&P Global Manufacturing PMI
	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
	Switzerland		ZEW Survey – Expectations
	Germany		ZEW Survey – Economic Sentiment
	Germany		IFO – Current Assessment
	Germany		Factory Orders n.s.a. (YoY)
	Germany		S&P Global/BME Manufacturing PMI
	Germany		Gross Domestic Product (QoQ)
	Germany		IFO – Expectations
	Germany		S&P Global/BME Composite PMI
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		Industrial Production n.s.a. w.d.a. (YoY)
	Germany		S&P Global/BME Services PMI
	Germany		Gross Domestic Product w.d.a (YoY)
	Germany		Gross Domestic Product (YoY)
	Germany		Factory Orders s.a. (MoM)
	Germany		Industrial Production s.a. (MoM)
	Eurozone		Sentix Investor Confidence
	Eurozone		ZEW Survey – Economic Sentiment
	Eurozone		S&P Global Composite PMI
	Eurozone		Economic Sentiment Indicator
	Eurozone		Industrial Production s.a. (MoM)
	Eurozone		Business Climate
	Spain		S&P Global Services PMI
	Spain		Gross Domestic Product - Estimated (QoQ)
	Spain		S&P Global Manufacturing PMI
	Spain		Gross Domestic Product (QoQ)
	India		HSBC Services PMI
	India		Gross Domestic Product Quarterly (YoY)
	India		HSBC Composite PMI
	Italy		Gross Domestic Product (YoY)
	Italy		S&P Global Manufacturing PMI
	Italy		Gross Domestic Product (QoQ)
	Italy		S&P Global Services PMI
	Japan		Tankan Large All Industry Capex
	Japan		Tankan Large Manufacturing Outlook
	Japan		Gross Domestic Product Annualized
	Japan		Gross Domestic Product Deflator (YoY)
	South Korea		Gross Domestic Product Growth (QoQ)
	New Zealand		Business NZ PMI
	New Zealand		Business NZ PSI
	New Zealand		NZIER Business Confidence (QoQ)
	Poland		Purchasing Manager Index
	United Kingdom		Manufacturing Production (MoM)
	United Kingdom		Manufacturing Production (YoY)
	United Kingdom		Gross Domestic Product (MoM)
	United Kingdom		Industrial Production (MoM)
	United States		Durable Goods Orders ex Defense
	United States		Industrial Production (MoM)
	United States		Factory Orders (MoM)
	United States		Nondefense Capital Goods Orders ex Aircraft
	United States		ISM Services New Orders Index
	United States		ISM Manufacturing New Orders Index
	United States		Philadelphia Fed Manufacturing Survey
	United States		S&P Global Composite PMI
	United States		NY Empire State Manufacturing Index
	United States		Chicago Purchasing Managers' Index
	United States		Durable Goods Orders ex Transportation
	United States		Gross Domestic Product Price Index
	United States		Durable Goods Orders

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HSBC Manufacturing PMI

Most recent - Monday 16 December 2024 05:00

Next event - Thursday 2 January 2025 05:00

Trading range

Trading range after each HSBC Manufacturing PMI event

Forecast history

Past events

Economic context

About HSBC Manufacturing PMI

Related events