Weekly economic indicators: Rail rebound, retail footfalls on the rise

Positive signs for economy as festival season draws near

Topics
Macroeconomic Data | Economic outlook

Sachin P Mampatta Shine Jacob & Krishna Kant  |  Mumbai/Delhi 

The economy showed renewed signs of improvement as large parts of the country geared up for Diwali. Many weekly indicators of economic activity saw a rise with trains carrying more goods and retail visits rising.

Analysts globally have been tracking high frequency proxies for economic activity to get a sense of the fast-changing situation on the ground amid the Covid-19 pandemic. Business Standard tracks traffic congestion, pollution levels, power generation; besides railway numbers and mobility data from search engine Google. They provide a more current picture of the economy ...

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First Published: Mon, November 09 2020. 15:55 IST
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