PMI, E-way bills, and auto sales reflect strength as economic activity remains resilient in initial months of 2026-27: Finance Ministry
New Delhi, June 30 -- Following the robust growth performance in 2025-26, economic activity remained resilient in the initial months of 2026-27. High-frequency indicators such as e-way bill generation, Purchasing Managers' Index (PMI), electricity consumption, and automobile sales continued to reflect underlying strength in domestic economic activity, the Finance Ministry said.
However, moderation in select indicators, including core industries, fuel consumption, air passenger traffic, consumer confidence, and labour market indicators, suggests some easing in momentum.
According to the Monthly Economic Review by the Department of Economic Affairs, under the Ministry of Finance, the cessation of the conflict in West Asia brightened the o...
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