India outshines emerging market peers again in July, shows Mint's EM tracker
3 months, 4 weeks ago

India outshines emerging market peers again in July, shows Mint's EM tracker

Live Mint  

India retained its top position in Mint's Emerging Markets tracker for the eighth consecutive month in July, bolstered by a robust stock market performance. The monthly stock market capitalization surged by 4.6%, while a strong manufacturing Purchasing Managers' Index and easing inflation further solidified India's lead. Launched in September 2019, Mint’s Emerging Markets Tracker provides a summary of economic activity across 10 large emerging markets based on seven high-frequency indicators: real GDP growth, manufacturing PMI, export growth, retail inflation, import cover, exchange rate movement, and stock market. Methodology note: The tracker is a monthly summary of economic activity across nine large emerging markets based on seven high-frequency indicators.

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