The week in charts: Macro moderation, factory rebound, billionaire boom
New Delhi, Aug. 1 -- From India's industrial output recording its fastest growth in nearly two years to corporate revenues holding up despite the West Asia war, the Mint's latest macroeconomic tracker signalling a less broad-based expansion, the rapid rise in ultra-high-income taxpayers, women's participation in rural jobs, and Apple's iPhone shipments to India, here is this week's news in numbers.
India's macroeconomic scorecard weakened modestly in June, reflecting a less broad-based expansion as demand conditions softened. Data from Mint's macroeconomic tracker (MMT) shows 8 of the 16 high-frequency indicators fell below their one-year average range in June, up from six in May.
The reading was also weaker than in February, before the...
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