Select weekly indicators of economic activity drifted lower towards the end of October.
The Indian Railways carried a lower quantity of goods for the latest week than in the corresponding period last year. There was a 2.68 per cent year-on-year decline in freight quantity compared with a 1.96 growth seen the previous week. The amount of money it made from carrying these goods, called freight revenue, grew at 2.32 per cent in the latest week compared to 10.54 per cent previously.
The number of air passengers dipped to around 360,000 on a seven-day moving average basis as of Sunday. It