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Business News/ 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 considered in the monthly tracker were in green, eight in red, and one in amber—an improvement from six months ago.

As of May, seven of the 16 indicators 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.

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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Here’s a glimpse of how each indicator fared.

ABOUT THE AUTHOR

Tanay Sukumar

Tanay leads Mint's data journalism team. His role involves editing and overseeing the newspaper's diverse data offerings, ranging from deep analytical pieces (in the daily "Plain Facts" section) to bite-sized social media charts.
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