Mint macro tracker: Indian economy showed resilience in July, but risks linger
New Delhi, Sept. 2 -- India's economic scorecard improved marginally in July, with nine of the 16 high-frequency indicators tracked by Mint above or in line with their one-year average. This was an improvement from June, when eight indicators were above their one-year trend.
Despite the improvement, seven indicators, ranging from domestic air travel to inflation, fell below their one-year average, highlighting continued weakness across several parts of the economy.
Mint's macro tracker provides a monthly comprehensive report on the state of the economy, based on trends in 16 high-frequency indicators. For each indicator, the value in each month is assigned a colour coding to denote where it lies relative to its one-year average range.
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