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Recovery tracker: Signs of uptick as power, rail freight pick up steam

Power generation was up four per cent on average on year-on-year basis during the week ended December 7, indicating a rise in energy demand from the commercial and household sector

People flouting social distancing norms throng at Sadar Bazaar market ahead of Diwali Festival, in Delhi on Wednesday.
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People flouting social distancing norms throng at Sadar Bazaar market during Diwali, in Delhi

Krishna KantSachin P Mampatta Mumbai
Several high-frequency indicators, including power generation and rail freight, showed signs of a pick-up in economic activity. Traffic congestion and emission, however, remained flat.

Business Standard also tracks pollution levels and visits to various categories of places. These micro and sector-specific data provide a more current picture of the economy ahead of the release of the official macroeconomic statistics, such as GDP and Index of Industrial Production (IIP), which appear with a lag of few months.

Power generation was up four per cent on average on year-on-year basis during the week ended December 7, indicating a rise in energy demand from the