Home / Economy / Base effect lifted economic performance in May, shows Mint macro tracker

Base effect lifted economic performance in May, shows Mint macro tracker

As of May, seven of the 16 indicators were in green, eight in red, and one in amber—an improvement from six months ago. (HT_PRINT) — As of May, seven of the 16 indicators were in green, eight in red, and one in amber—an improvement from six months ago. **(HT_PRINT)**

1 min read . Updated: 24 Jun 2022, 07:04 PM IST Tanay Sukumar

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.

MINT PREMIUM See All

Foreign investors decide weightages to countries based on growth, political stability, demographics, currency, etc. istock

Premium

Why JK Cement can’t rest on Q1 laurels

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

More Less

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.