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

Government data on power, freight emerge as silver linings

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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 Mampatta Shine Jacob Krishna Kant Mumbai

3 min read Last Updated : Sep 21 2020 | 1:28 PM IST

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

Topics : Data economic indicators Gross domestic product Indian Railway Indian Economy Mumbai traffic Delhi traffic pollution Freight

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