Breaking News

India S&P Global Manufacturing Purchasing Managers Index (PMI)

Latest Release

May 22, 2025

Actual

58.3

Forecast

58.0

58.2

The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on manufacturing firms throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.
A reading that is stronger than forecast is generally supportive (bullish) for the INR , while a weaker than forecast reading is generally negative (bearish) for the INR.

Importance:

Country:

Currency: INR

Source: S&P Global

Release Date	Time	Actual	Forecast	Previous
May 22, 2025 (May)	07:00	58.3	58.0	58.2
May 02, 2025 (Apr)	07:00	58.2	58.4	58.1

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