Gross Domestic Product Quarterly (YoY)

The Gross Domestic Product released by the Ministry of Statistics is a measure of the total value of all goods and services produced by India. The GDP is considered as a broad measure of Indian economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Rupee, while a falling trend is seen as negative (or bearish).

Most recent - Friday 29 November 2024 10:30

Previous
6.7%
Forecast
6.5%
Actual
5.4%

Lower numbers than forecast tend to be bullish for xxx/INR pairs and bearish for INR/xxx pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product Quarterly (YoY) was 5.4% against a forecast of 6.5%.

Past events

Date
Forecast
Actual
Friday 29 November 2024 10:30
6.5%
5.4%
Friday 30 August 2024 12:00
6.9%
6.7%
Friday 31 May 2024 12:00
6.7%
7.8%
Thursday 29 February 2024 12:00
6.6%
8.4%
Thursday 30 November 2023 12:00
6.8%
7.6%
Thursday 31 August 2023 12:00
7.7%
7.8%
Wednesday 31 May 2023 12:00
5%
6.1%
Tuesday 28 February 2023 12:00
4.6%
4.4%
Wednesday 30 November 2022 12:00
6.2%
6.3%
Wednesday 31 August 2022 12:00
15.2%
13.5%
Tuesday 31 May 2022 12:00
4%
4.1%
Monday 28 February 2022 12:00
6%
5.4%

Economic context

Recent economic data has been moderately bearish for INR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Quarterly (YoY) result:

PreviousLatest
HSBC Manufacturing PMIBearish change57.356.5
HSBC Composite PMIBullish change59.159.5
HSBC Manufacturing PMIBearish change57.557.3
HSBC Services PMIBullish change58.559.2

About Gross Domestic Product Quarterly (YoY)

Country:India
Currency:INR
Source:
Category:Economic Activity
Frequency:Quarterly

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