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Business News/ News / India/ Slight dip in high-frequency indicators for Indian economy in Feb

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Slight dip in high-frequency indicators for Indian economy in Feb

1 min read 24 Mar 2023, 06:49 PM IST Tanay Sukumar

As of February 2023, seven of the 16 indicators were in red, four were in amber, and five in green—a slight deterioration from January, when seven indicators were in red and green each

Around 16 indicators of Indian economy were in red during February

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 February 2023, seven of the 16 indicators were in red, four were in amber, and five in green—a slight deterioration from January, when seven indicators were in red and green each.

Here’s a glimpse of how each indicator fared: