9 of the 16 high-frequency indicators tracked by Mint Macro Tracker are in the red, signalling an improvement from last month but a deterioration from last year
India’s economic slowdown is showing some signs of bottoming out, with six of the sixteen high-frequency indicators in green (above the five-year average trend) as of December, according to the latest edition of the Mint Macro Tracker. In November, only three indicators were in green.
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