Weakness in Indian economy persisted in November, shows Mint tracker
1 week, 1 day ago

Weakness in Indian economy persisted in November, shows Mint tracker

Live Mint  

The Indian economy's performance continued to display signs of weakness in November as was recorded in the previous month, showed the 16-high frequency indicators tracked by Mint in its monthly macro tracker. From the external sector, the trade balance continued to remain a pain point, while labour-intensive exports also proved to be a big drag on the segment as it moved from green to the red zone. Mint macro tracker, which provides a monthly comprehensive report on the state of the economy, based on trends in 16 high-frequency indicators. However, the five-year averages may still show high figures due to sustained base effect in several indicators in 2021 and 2022.

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History of this topic

Mint tracker: October sees slight deterioration in Indian economy’s performance
1 month, 1 week ago

Mint tracker: October sees slight deterioration in Indian economy’s performance

Live Mint  

The Indian economy's performance deteriorated in October compared to the previous month, with weakness in passenger vehicle sales and trade persisting and the inflation situation worsening, showed Mint macro tracker. The tracker provides a monthly comprehensive report on the state of the economy based on trends in 16 high-frequency indicators. Methodology note: While calculating the five-year average, data for some …

Economic recovery still dicey, key indicators remain dull in Nov
4 years ago

Economic recovery still dicey, key indicators remain dull in Nov

Live Mint  

The Indian economy remained in a slump in November as most high-frequency indicators failed to show any marked improvement. Nine out of a group of 16 such indicators considered in Mint’s monthly macro tracker remain in red, or below their five-year-average trend. Launched in October 2018, Mint’s macro tracker provides a monthly state-of-the-economy report based on trends in 16 high-frequency …

Some warning signs in India’s economic report card
4 years, 1 month ago

Some warning signs in India’s economic report card

Live Mint  

After a historic contraction in the July-ended quarter, when India’s gross domestic product declined 24% compared to the year-ago period, economists expect India’s economic contraction to be narrower in the Sep-ended quarter. 6 of 16 high-frequency economic indicators considered in Mint’s monthly macro tracker were in green, or above their five-year-average trend, as of October. Launched in October 2018, Mint’s …

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