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India Nikkei Services Purchasing Managers Index (PMI)

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India Nikkei Services Purchasing Managers Index (PMI)

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Latest Release
Feb 03, 2023
Actual
57.2
Forecast
58.1
Previous
58.5
The Indian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in around 350 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. Index and the Services Business Activity Index, and is based on original survey data collected from a representative panel of over 800 companies based in the Indian manufacturing and service sectors.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Importance:
Country:
Currency: INR
Source: Markit Economics
India Nikkei Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Feb 03, 2023 (Jan) 13:00 57.2 58.1 58.5
Jan 04, 2023 (Dec) 13:00 58.5 55.5 56.4
Dec 05, 2022 (Nov) 13:00 56.4 55.4 55.1
Nov 03, 2022 (Oct) 13:00 55.1 54.6 54.3
Oct 06, 2022 (Sep) 13:00 54.3 57.0 57.2
Sep 05, 2022 (Aug) 13:00 57.2 55.0 55.5

News

Asia FX weakens, dollar rebounds as nonfarm payrolls loom
Asia FX weakens, dollar rebounds as nonfarm payrolls loom By Investing.com - Feb 03, 2023

By Ambar Warrick Investing.com -- Most Asian currencies weakened on Friday, while the dollar rebounded in anticipation of more cues on the U.S. economy from nonfarm payrolls data, while markets dialed...

Nikkei Services PMI Discussion

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