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Weekly economic indicators: Recovery holding ground, but no major upswing

Government data on power, freight emerge as silver linings

freight trains
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The Indian Railways freight data shows that trains carried 14% more goods last week than they did in the same period last year.

Sachin P MampattaShine JacobKrishna Kant Mumbai
The recovery in economic activity after unlocking began in June seems to be holding its ground, though upside momentum does seem limited. Most weekly economic indicators tracked by Business Standard were at levels similar to previous weeks.

Weak demand as people struggle with lower incomes and economic stress are among the reasons analysts have highlighted for weakness in economic activity. The data that captures this weakness, including macroeconomic numbers like gross domestic product (GDP), are often released with a lag. Business Standard tracks high frequency weekly indicators as a means of getting a more current picture of how