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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 - Tuesday 23 April 2024 05:00

59.1

Forecast

Actual

59.1

Next event - Thursday 2 May 2024 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

Announcement history

The most recent announced value for HSBC Manufacturing PMI was 59.1.

Past events

Date

Forecast

Actual

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

Wednesday 1 December 2021 05:00

57.6

Monday 1 November 2021 05:00

55.9

Friday 1 October 2021 05:00

53.7

Wednesday 1 September 2021 05:00

52.3

Monday 2 August 2021 05:00

55.3

Thursday 1 July 2021 05:00

48.1

Tuesday 1 June 2021 05:00

50.8

Monday 3 May 2021 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	61.8	62.2
		HSBC Services PMI	Bullish change	61.2	61.7

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		NBS Manufacturing PMI
	Germany		S&P Global/BME Manufacturing PMI
	Germany		Gross Domestic Product (QoQ)
	Germany		S&P Global/BME Composite PMI
	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Eurozone		S&P Global Composite PMI
	Japan		Gross Domestic Product (QoQ)
	Japan		Tankan Large Manufacturing Index
	New Zealand		Gross Domestic Product (YoY)
	New Zealand		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Services PMI
	United Kingdom		Gross Domestic Product (QoQ)
	United States		ISM Manufacturing PMI
	United States		Gross Domestic Product Annualized
	United States		Nondefense Capital Goods Orders ex Aircraft
	United States		ISM Services PMI
	United States		Durable Goods Orders
	Australia		S&P Global Manufacturing PMI
	Australia		National Australia Bank's Business Confidence (QoQ)
	Australia		S&P Global Services 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		KOF Leading Indicator
	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
	Switzerland		ZEW Survey – Expectations
	China		Industrial Production (YoY)
	China		Caixin Services PMI
	China		Caixin Manufacturing PMI
	Germany		ZEW Survey – Economic Sentiment
	Germany		IFO – Current Assessment
	Germany		IFO – Expectations
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		S&P Global/BME Services PMI
	Germany		Gross Domestic Product w.d.a (YoY)
	Germany		Gross Domestic Product (YoY)
	Eurozone		ZEW Survey – Economic Sentiment
	Eurozone		S&P Global Manufacturing PMI
	Eurozone		S&P Global Services PMI
	Eurozone		Industrial Production s.a. (MoM)
	Eurozone		Business Climate
	Spain		S&P Global Services PMI
	Spain		S&P Global Manufacturing PMI
	France		S&P Global Manufacturing PMI
	France		S&P Global Composite PMI
	France		Gross Domestic Product (QoQ)
	India		HSBC Services PMI
	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		Industrial Production (YoY)
	Japan		Gross Domestic Product Annualized
	New Zealand		Business NZ PMI
	New Zealand		NZIER Business Confidence (QoQ)
	Poland		Purchasing Manager Index
	United Kingdom		Manufacturing Production (MoM)
	United Kingdom		S&P Global/CIPS Composite PMI
	United Kingdom		Manufacturing Production (YoY)
	United Kingdom		Gross Domestic Product (MoM)
	United Kingdom		Industrial Production (MoM)
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		NIESR GDP Estimate (3M)
	United Kingdom		S&P Global/CIPS Manufacturing PMI
	United States		Durable Goods Orders ex Defense
	United States		S&P Global Manufacturing PMI
	United States		S&P Global Services PMI
	United States		Chicago Fed National Activity Index
	United States		Factory Orders (MoM)
	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		Chicago Purchasing Managers' Index
	United States		Durable Goods Orders ex Transportation
	United States		Gross Domestic Product Price Index

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HSBC Manufacturing PMI

Most recent - Tuesday 23 April 2024 05:00

Next event - Thursday 2 May 2024 05:00

Trading range

Trading range after each HSBC Manufacturing PMI event

Announcement history

Past events

Economic context

About HSBC Manufacturing PMI

Related events