Higher numbers than forecast tend to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
The typical/expected impact on INR pairs is medium.
The consensus forecast for Gross Domestic Product Quarterly (YoY) is 6.6%. 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 7.4% against a forecast of 6.7%.
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 | 61.1 | 65.2 | ||
HSBC Manufacturing PMI | Bullish change | 59.1 | 59.8 | ||
HSBC Services PMI | Bullish change | 60.5 | 65.6 |