Base effect lifted economic performance in May, shows Mint macro tracker
1 min read . Updated: 24 Jun 2022, 07:04 PM IST
Premium- As of May, seven of the 16 indicators considered in the monthly tracker were in green, eight in red, and one in amber—an improvement from six months ago.
Launched in October 2018, 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 (red, amber and green) to denote where it lies relative to the five-year average (worse, in line, or better). As of May, seven of the 16 indicators were in green, eight in red, and one in amber—an improvement from six months ago.
Here’s a glimpse of how each indicator fared.
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