India
-3.9
▲
vs 1w ago (-5.0)
India economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
-3.9
1 Week Ago
-5.0
Releases (90d)
98
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with Nifty 50 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Gross Domestic Product YoY +0.93z
- Gross Domestic Product YoY +0.93z
- Gross Domestic Product YoY +0.93z
- GDP Growth Rate YoY +0.54z
- Unemployment Rate +0.95z
▼ Top Negative Surprises
- WPI Inflation YoY -7.42z
- Inflation Rate YoY -1.34z
- CPI -1.16z
- CPI -1.16z
- CPI -1.16z
All Releases — 90 Day Window (98 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-01-14 | WPI Inflation YoY | 0.83 | 0.1 | -7.417 | Low | -39.43 |
| 2026-02-12 | Inflation Rate YoY | 2.75 | 2.4 | -1.336 | Medium | -27.76 |
| 2026-02-27 | Gross Domestic Product YoY | 7.8 | 7.2 | +0.933 | Medium | +27.41 |
| 2026-02-27 | Gross Domestic Product YoY | 7.8 | 7.2 | +0.933 | Medium | +27.41 |
| 2026-02-27 | Gross Domestic Product YoY | 7.8 | 7.2 | +0.933 | Medium | +27.41 |
| 2026-02-12 | CPI | 2.75 | 2.4 | -1.155 | Medium | -24.01 |
| 2026-02-12 | CPI | 2.75 | 2.4 | -1.155 | Medium | -24.01 |
| 2026-02-12 | CPI | 2.75 | 2.4 | -1.155 | Medium | -24.01 |
| 2026-02-12 | CPI | 2.75 | 2.4 | -1.155 | Medium | -24.01 |
| 2026-02-27 | GDP Growth Rate YoY | 7.8 | 7.2 | +0.541 | High | +23.86 |
| 2026-02-16 | Balance of Trade | -34.68 | -26.0 | -0.973 | Medium | -22.18 |
| 2026-03-16 | Unemployment Rate | 4.9 | 5.1 | +0.946 | Low | +20.59 |
| 2026-01-23 | HSBC Manufacturing PMI | 56.8 | 55.4 | +1.238 | Medium | +16.21 |
| 2026-01-23 | HSBC Composite PMI | 59.5 | 57.5 | +1.216 | Medium | +15.92 |
| 2026-01-23 | HSBC Services PMI | 59.3 | 57.7 | +1.080 | Medium | +14.14 |
| 2026-03-12 | Inflation Rate YoY | 3.21 | 3.1 | -0.325 | Medium | -12.90 |
| 2026-02-12 | Inflation Rate MoM | 0.35 | 0.1 | -1.146 | Low | -11.90 |
| 2026-02-04 | HSBC India Services PMI | 58.5 | 59.3 | -1.355 | Low | -11.70 |
| 2026-02-27 | Fiscal Year GDP Growth | 7.6 | 7.4 | +0.398 | Medium | +11.69 |
| 2026-02-16 | Unemployment Rate | 5.0 | 4.8 | -1.005 | Low | -11.45 |
| 2026-02-03 | HSBC India Services PMI | 58.5 | 59.3 | -1.355 | Low | -11.44 |
| 2026-03-12 | CPI | 3.21 | 3.1 | -0.281 | Medium | -11.16 |
| 2026-03-12 | CPI | 3.21 | 3.1 | -0.281 | Medium | -11.16 |
| 2026-02-16 | Balance of Trade | -34.68 | -26.14 | -0.952 | Low | -10.85 |
| 2026-02-16 | Balance of Trade | -34.68 | -26.14 | -0.952 | Low | -10.85 |
| 2026-02-02 | S&P Global Manufacturing PMI | 55.4 | 56.8 | -1.216 | Low | -10.03 |
| 2026-02-02 | HSBC Manufacturing PMI | 55.4 | 56.8 | -1.208 | Low | -9.96 |
| 2026-02-16 | WPI Manufacturing YoY | 2.86 | 2.0 | -0.843 | Low | -9.61 |
| 2026-01-12 | CPI | 1.33 | 1.5 | +0.898 | Medium | +9.12 |
| 2026-03-04 | HSBC India Services PMI | 58.1 | 58.4 | -0.516 | Low | -8.51 |
| 2026-03-04 | HSBC India Services PMI | 58.1 | 58.4 | -0.516 | Low | -8.51 |
| 2026-03-03 | HSBC India Services PMI | 58.1 | 58.4 | -0.516 | Low | -8.32 |
| 2026-03-02 | S&P Global Manufacturing PMI | 56.9 | 57.5 | -0.515 | Low | -8.11 |
| 2026-03-20 | Infrastructure Output YoY | 2.3 | 4.4 | -0.276 | Low | -6.60 |
| 2026-03-12 | Inflation Rate MoM | 0.11 | 0.3 | +0.290 | Low | +5.76 |
| 2026-02-04 | HSBC Composite PMI | 58.4 | 59.5 | -0.646 | Low | -5.58 |
| 2026-02-04 | Services PMI | 58.4 | 59.5 | -0.642 | Low | -5.54 |
| 2026-03-04 | HSBC Services PMI | 58.1 | 58.6 | -0.332 | Low | -5.48 |
| 2026-02-03 | Services PMI | 58.4 | 59.5 | -0.642 | Low | -5.41 |
| 2026-01-15 | Balance of Trade | -25.04 | -30.0 | +0.482 | Medium | +5.24 |
| 2026-01-07 | Fiscal Year GDP Growth | 7.4 | 7.7 | -0.573 | Medium | -5.19 |
| 2026-01-07 | Fiscal Year GDP Growth | 7.4 | 7.7 | -0.573 | Medium | -5.19 |
| 2026-02-16 | WPI Inflation YoY | 1.81 | 1.25 | -0.455 | Low | -5.19 |
| 2026-02-04 | HSBC Services PMI | 58.5 | 59.4 | -0.590 | Low | -5.10 |
| 2026-01-13 | Inflation Rate YoY | 1.33 | 1.4 | +0.458 | Medium | +4.76 |
| 2026-01-20 | Infrastructure Output YoY | 3.7 | 1.6 | +0.760 | Low | +4.64 |
| 2026-02-04 | S&P Global Services PMI | 58.4 | 59.5 | -0.536 | Low | -4.63 |
| 2026-03-16 | Balance of Trade | -27.1 | -28.0 | +0.094 | Medium | +4.08 |
| 2026-03-02 | Industrial Production YoY | 4.8 | 6.5 | -0.127 | Medium | -4.01 |
| 2026-03-04 | HSBC Composite PMI | 58.9 | 59.3 | -0.236 | Low | -3.89 |
| 2026-03-04 | Services PMI | 58.9 | 59.3 | -0.234 | Low | -3.86 |
| 2026-03-04 | Services PMI | 58.9 | 59.3 | -0.234 | Low | -3.86 |
| 2026-03-03 | Services PMI | 58.9 | 59.3 | -0.234 | Low | -3.77 |
| 2026-02-16 | WPI Food Index YoY | 1.41 | 0.7 | -0.324 | Low | -3.69 |
| 2026-03-04 | S&P Global Services PMI | 58.9 | 59.3 | -0.196 | Low | -3.23 |
| 2026-01-06 | HSBC Services PMI | 58.0 | 59.1 | -0.725 | Low | -3.20 |
| 2026-01-28 | Industrial Production YoY | 7.8 | 5.5 | +0.203 | Medium | +2.99 |
| 2026-01-06 | HSBC Composite PMI | 57.8 | 58.9 | -0.653 | Low | -2.89 |
| 2026-02-16 | WPI Fuel YoY | -4.01 | -1.8 | +0.254 | Low | +2.89 |
| 2026-01-06 | Services PMI | 57.8 | 58.9 | -0.648 | Low | -2.86 |
| 2026-01-02 | S&P Global Manufacturing PMI | 55.0 | 55.7 | -0.620 | Low | -2.50 |
| 2026-01-02 | HSBC Manufacturing PMI | 55.0 | 55.7 | -0.616 | Low | -2.48 |
| 2026-01-06 | S&P Global Services PMI | 58.0 | 59.1 | -0.540 | Low | -2.38 |
| 2026-02-02 | Manufacturing PMI | 55.4 | 56.8 | -0.288 | Low | -2.37 |
| 2026-02-01 | Manufacturing PMI | 55.4 | 56.8 | -0.288 | Low | -2.32 |
| 2026-02-01 | Manufacturing PMI | 55.4 | 56.8 | -0.288 | Low | -2.32 |
| 2025-12-29 | Industrial Production YoY | 6.7 | 4.1 | +0.309 | Medium | +2.27 |
| 2026-01-14 | WPI Manufacturing YoY | 1.82 | 1.5 | -0.418 | Low | -2.22 |
| 2026-03-16 | Balance of Trade | -27.1 | -28.0 | +0.094 | Low | +2.04 |
| 2026-03-02 | Manufacturing PMI | 56.9 | 57.5 | -0.122 | Low | -1.92 |
| 2026-03-02 | Manufacturing PMI | 56.9 | 57.5 | -0.122 | Low | -1.92 |
| 2026-03-01 | Manufacturing PMI | 56.9 | 57.5 | -0.122 | Low | -1.87 |
| 2026-02-20 | Infrastructure Output YoY | 4.0 | 3.2 | +0.145 | Low | +1.81 |
| 2026-01-13 | Inflation Rate MoM | 0.05 | 0.2 | +0.344 | Low | +1.79 |
| 2026-01-14 | WPI Food Index YoY | 0.0 | -1.0 | -0.319 | Low | -1.70 |
| 2026-03-02 | Manufacturing Production YoY | 4.8 | 7.8 | -0.049 | Medium | -1.53 |
| 2026-01-14 | WPI Fuel YoY | -2.31 | -1.0 | +0.271 | Low | +1.44 |
| 2026-03-16 | WPI Inflation YoY | 2.13 | 2.0 | -0.066 | Low | -1.44 |
| 2026-03-16 | WPI Manufacturing YoY | 2.92 | 3.0 | +0.052 | Low | +1.14 |
| 2025-12-29 | Manufacturing Production YoY | 8.0 | 4.6 | +0.093 | Medium | +0.69 |
| 2025-12-31 | External Debt | 746.0 | 750.0 | +0.091 | Low | +0.35 |
| 2026-03-16 | WPI Fuel YoY | -3.78 | -3.6 | +0.010 | Low | +0.23 |
| 2025-12-22 | Infrastructure Output YoY | 1.8 | 2.0 | -0.058 | Low | -0.18 |
| 2026-03-16 | WPI Food Index YoY | 1.85 | 1.9 | +0.008 | Low | +0.18 |
| 2026-02-27 | Government Budget Value | -9814.0 | -12500.0 | +0.011 | Low | +0.16 |
| 2026-01-30 | Government Budget Value | -8558.4 | -9990.0 | +0.007 | Low | +0.06 |
| 2025-12-31 | Government Budget Value | -9766.7 | -9200.0 | -0.003 | Low | -0.01 |
| 2026-01-15 | Unemployment Rate | 4.8 | 4.8 | -0.000 | Low | -0.00 |
| 2026-02-05 | Cash Reserve Ratio | 3.0 | 3.0 | +0.000 | Low | +0.00 |
| 2026-02-05 | Interest Rate Decision | 5.25 | 5.25 | +0.000 | Medium | +0.00 |
| 2026-02-05 | Interest Rate Decision | 5.25 | 5.25 | +0.000 | Medium | +0.00 |
| 2026-02-06 | Cash Reserve Ratio | 3.0 | 3.0 | +0.000 | Low | +0.00 |
| 2026-02-06 | RBI Interest Rate Decision | 5.25 | 5.25 | +0.000 | Medium | +0.00 |
| 2026-02-06 | Interest Rate Decision | 5.25 | 5.25 | +0.000 | Medium | +0.00 |
| 2026-02-20 | HSBC Services PMI | 58.4 | 58.4 | +0.000 | Medium | +0.00 |
| 2026-02-20 | HSBC Composite PMI | 59.3 | 59.3 | +0.000 | Medium | +0.00 |
| 2026-02-20 | HSBC Manufacturing PMI | 57.5 | 57.5 | +0.000 | Medium | +0.00 |
| 2026-03-02 | HSBC Manufacturing PMI | 56.9 | 56.9 | +0.000 | Low | +0.00 |