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IN Services PMI

IN Services PMI Index        
  Expectation  
Date For Market Kshitij Prev Release Rev
6-Nov-25 Oct-25 59.9 60.1 60.9 58.9 -
3-Dec-25 Nov-25 59.9 59.4 58.9 59.8 -
5-Jan-26 Dec-25 58.9 58.8 59.8 58.0 -
5-Feb-26 Jan-26 - - 58.0 - -
IN Services PMI YoY%        
  Expectation  
Date For Market Kshitij Prev Release Rev
6-Nov-25 Oct-25 2.4 2.70 5.5 0.5 -
3-Dec-25 Nov-25 2.6 1.65 0.7 2.4 -
5-Jan-26 Dec-25 -0.7 -0.90 2.4 -2.2 -
5-Feb-26 Jan-26 - - -2.2 - -
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January '26 Dollar Rupee Quarterly Forecast
WHAT'S NEW?
Jan '26 Quarterly Forecast
Our January '26 Dollar Rupee Quarterly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
January'26 EURUSD Report
WHAT'S NEW?
Jan'26 EURUSD Report
Brent and EU Inflation has been low in the last few months. If both the EU Inflation and Brent see a gradual rise in 2026, the upside could be ...Read More
January'26 USDJPY Report
WHAT'S NEW?
Jan'26 USDJPY Report
In our 10-Dec-25 report (USDJPY 156.70), we expected the USDJPY to trade within 154-158 region till Jan’26 before eventually rising in the long run. In line with our view, the pair limited the downside to ... Read More
January'26 GOI Report
WHAT'S NEW?
Jan'26 GOI Report
In our 04-Dec-25 report (10Yr GOI 6.54%) we conceded that RBI may cut the Repo due to the unexpectedly sharp fall in the Oct-25 CPI to 0.25%. The RBI then indeed ... Read More
January'26 Crude Oil Report
WHAT'S NEW?
Jan'26 Crude Oil Report
Crude prices have been steady and tilted to the downside over the last few months. Hovering near $60, can it gradually move up towards $70? Or could there be room for more fall towards $55/50? ... Read More
Jan '26 US Treasury Report
WHAT'S NEW?
Jan '26 US Treasury Report
As expected in our last report (09-Dec-25, UST10Yr 4.16%) the US Fed indeed reduced the Fed Rate further by 25bp to 3.75%. We had also said that we expect another .... Read More
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